Trading Business Mortgages
As commercial finance broker’s we have ready access to all the trading business commercial mortgage lenders that are actively seeking to lend, from £50,000 to £30 million. We’re able to access for our clients the most competitive rates in the market with terms up to 30 years.
If you’re buying a business that’s trading we can help finance not just the bricks and mortar. We can also help you to buy the fixtures and fittings, goodwill and stock too!
Many businesses are sold as a going concern with customers, a good reputation and sales from day one. A trading business mortgage gives the buyer the ability to raise larger amounts of money compared to buying a building alone.
How much can I borrow?
Typically a trading business mortgage will be up to 75% loan to value (LTV) of the open market value (OMV) of the property, fixtures, goodwill and stock
The majority of Lenders will consider commercial properties with either Freehold or a long Leasehold favourably, properties with a short Leasehold remaining may be more difficult to secure funding on.
As a long-term product, trading business commercial mortgage rates are highly competitive with a choice of fixed-rate and variable-rate terms.
Typically trading business mortgages are used for
- Management buyouts and buy-ins
- Changes of ownership
- Tenants wishing to buy the property they trade from