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 your client wishes to raise
business finance.
We pay you 50% of all
commission and fees for commercial applications,
and we can either deal directly with the customer
or with yourself if you prefer.
Commercial
Mortgages
Whether your client is looking
to purchase a property for their business to operate from,
as an investment, or they simply wish to refinance an
existing commercial property we can help to find 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
New start ups can be considered
Some acceptable property
types
Amusement parks (considered on merit)
B&B's
BTL portfolio
Cafes
Dentists
Development finance (residential
and commercial)
Doctors surgeries
Equestrian Centres
Farms/Farm land
Guest Houses
Golf courses
Holiday Homes
Hotels
Light Industrial
Lock up garages
Night Clubs (considered on
merit)
Nursing Homes
Offices
Petrol stations
Private clubs (considered
on merit)
Public Houses
Restaurants
Retail/Shops
Takeaways
Factoring and
invoice discounting
With finance for businesses
becoming increasingly difficult to obtain, raising money
against outstanding invoices can prove a vital solutions
for many businesses. It is a great way of assisting cashflow,
and raising finance where the business does not own any
other property or assets.
This service is available
for most invoice raising businesses, whatever business
your clients may be in. The advantage of using this service
over standard bank finance, is speed and flexibility,
both of which are invaluable to a business. Once a facility
is in place it can be increased without waiting on banks
to make up their minds whether they will lend, and then
often offering an inflexible solution based on how well
a business has performed in the past, money is lent purely
against invoices awaiting payment.
Factoring
- The basics
Available for any size company
including new start ups
The provider will be in control
of the clients log and will chase payment for invoices
Provider will take control
of all or part of the companies sales ledger
Confidential factoring is
available where the provider does not disclose their involvement
Can release up to 95% of
invoice value (if debt is from a well proven company)
Interest charged on the facility
is roughly 2% above BBR
There is a service fee of
between 1% - 2% of monthly turnover
Clients can take out an insurance
to cover them in the event of the debtor going bust (non-recourse
factoring)
Invoice
discounting - The basics
Available for larger companies
with an in house credit department who already have good
systems in place for chasing payment on invoices
Company can remain in control
of their own invoice log, although the provider would
require a 1/2 day audit to agree this facility
Interest charged on the facility
is roughly 2% above BBR
There is a service fee of
between 0.50% - 1% of monthly turnover
Members of the
Important Information...
W&B Mortgage Solution Ltd is authorised and regulated
by the Financial Services Authority.
Registered office: The Studio, Walton House, 90 London Road,
Hook, Hampshire, RG27 9LF Registered in England & Wales
Reg No. 5241817
