Here at W&B, we provide various
types of commercial
finance for those looking to raise money either
to purchase a property, to assist with cashflow,
to purchase equipment or machinery, or for many
other reasons where raising money for your business
may be required.
Commercial
Mortgages
Whether you are looking to
purchase a property for your business to operate from,
as an investment, or simply wish to refinance an existing
commercial property we can help to find you the best solution.
Here is some of the main criteria:
Loans available
from £25,000 to £30million
Interest only
available for some clients
Leashold properties
with only 30 years remaining on the lease can be acceptable
Lending on a
going concern, up to 80% loan to value, giving the ability
to raise up to 100% of the bricks and mortar value
Rates from 2.5%
above bank base rate (currently 0.5%)
New start ups
can be considered
Some acceptable property
types
Amusement parks (considered
on merit)
Hotels
B&B's
Light Industrial
BTL portfolio
Lock up garages
Cafes
Night Clubs (considered on
merit)
Dentists
Nursing Homes
Development finance (residential
and commercial)
Offices
Doctors surgeries
Petrol stations
Equestrian Centres
Private clubs (considered
on merit)
Farms/Farm land
Public Houses
Guest Houses
Restaurants
Golf courses
Retail/Shops
Holiday Homes
Takeaways
Factoring
and invoice discounting
With finance for businesses
becoming increasingly difficult to obtain, raising finance
against outstanding invoices can prove to be a vital solution
for many businesses looking for finance to assist business
expansion plans, it is also a great way of raising money
to help with cashflow for those who do not have property
or assets to raise finance against.
This facility is available
for most invoice raising businesses, whatever business
you may be in. The advantage of factoring and invoice
discounting over conventional bank finance such as overdrafts,
is speed and flexibility, both of which are invaluable
to most businesses. Once the facility is in place, it
can be increased without the need to wait on the bank
to make a decision as to whether they will lend, only
to then offer an inflexible solution based on how the
business is currently performing as the finance is provided
based on invoices awaiting payment.
Confidential
factoring is available where the providers involvement
is not disclosed.
Factoring can
be considered for small businesses including new start
ups
Invoice discounting
is for larger companies with an in house credit department
Up to 95% of
the debt can be released (but generally around 80%)
