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Think Commercial deal with many commercial lenders and therefore can normally find a solution for most individuals or companies looking to raise commercial finance. Traditionally people’s first choice of commercial lender is their Bank. A bank will lend money to individuals or companies for a wide range of commercial transactions. Think Commercial deal with all the major Banks who are also commercial lenders. We can therefore look to get the most suitable deal and interest rate to fit in with your requirements.
Think Commercial also deal with commercial lenders other than the more traditional commercial lending institutions such as Banks who can at times be somewhat inflexible. They are very much risk orientated and if you do not tick all the boxes the answer is often no. A new breed of commercial lenders has emerged as a result of this. They have a more flexible approach often lending on the bricks and mortar and therefore not restricted by a risk-based approach as with traditional commercial lenders. When the Bank has said no we can now advise on commercial lenders who will take a flexible approach to people who may not be able to prove income or who have no business plan or track record. They will also lend if you have had credit problems in the past such as missed payments, defaults, CCJ’s and bankrupts. Commercial lenders have looked at the residential market where adverse credit and self-declaration of income have long been available to clients who do not conform or fit the standard mortgage criteria.
Call Think Commercial if you are looking to deal with commercial lenders who will help you when the bank and other traditional commercial lenders have said NO…!!! |
