Commercial Loans
Commercial loans could be for hiring more staff, buying new equipment, purchasing a commercial property or purchasing an existing business. Whether you want to buy a commercial property, or need to refinance your existing commercial debt, we can tailor a loan solution to suit your specific requirements.
What types of loan are there?
Business Loans Available
Business Loans
Business loan is one type of mortgage that can be taken out by individuals, partnerships, discretionary trusts and other groups, on behalf of a business or a company. There are numerous purposes of your business loan, i.e. buying equipment, expanding your business or hiring staff.
Commercial Property Loans
Commercial property loans are used for business or investment purposes, the overall commercial lending process is the same as residential property lending when it comes to applying for a commercial property loan. Lenders will consider key criteria such as:
- Your capacity to repay – all of your income including expected rental income from the commercial property
- Your deposit and any available equity
- The type of commercial property – whether it's a factory, office, warehouse or shop-front and its location, together with a valuer’s report.
- Details of the commercial property lease and conditions.