Commercial Lending available. August 2010.
We have established strong connections with several European Banks based in London who are prepared to advance Term loans on very competitive terms for Owner Occupied Commercial properties including offices , warehouses , factories and for Commercial Investment properties where there are good quality tenants with unexpired FRI leases with at least 7 years still to run. The minimum loan is £500,000 and the lender will advance up to 85% subject to valuation / status. The maximum loan that the lender will consider is £8m on any single property. The maximum term of the loan is 15 years and repayment is on capital and interest basis only. The Lender is very competitive on interest rates which are based on Bank Base ( which is presently at 0.5% ) plus a margin which is based on the quality of the proposal. This lending is suitable for Limited Companies and Partnerships who have at least 3 years profitable accounts which demonstrate the ability to service and repay the proposed loan. For further information please call Tim Cottier on : 07860 656652.
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