Commercial remortgage
Business circumstances change over time in line with commercial performance therefore there may be an opportunity to improve your commercial mortgage finance. A commercial remortgage may also give you the opportunity to release funds to finance other business projects.
There is no requirement to switch day-to-day banking, and we‘re acutely aware it’s often beneficial to keep these financing elements separate.
Where suitable a commercial remortgage can allow interest only periods and longer term mortgage repayment options.
The benefits and possibilities of a commercial remortgage will include:
• Lessen your monthly mortgage payments
• Releasing working capital for any projects or developments
• Consolidate any debts you or your business may have
• Buy new equipment for your business
• Expand your business and premises to suit trading conditions or business expansion
• Change the structure of your mortgage to suit a change in trading ambitions
High street banks may decline a remortgage application due to their strict lending rules, we use specialist lenders who are willing to take a more practical view and consider all your circumstances.
If you’re considering remortgaging a commercial investment property or your premises do let us know to ensure you are getting the best plausible rate.
