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A commercial remortgage can be used to help your business in many ways. If you have a freehold property or properties with equity you can release this equity by way of a commercial remortgage and it can be for any purpose.
You may be looking to expand the business, buy new equipment and tools, looking to purchase further premises, taking on more staff, consolidate existing debt to reduce monthly expenditure. A commercial remortgage can help out your business in all these circumstances and more. If you have tried to refinance your business by approaching your Bank for a commercial remortgage and have been turned down contact Think Commercial. We can get you the right commercial remortgage to suit your circumstances even if the Bank has said no. We have a range of specialised commercial remortgages for people who have experienced credit problems in the past such as arrears, missed mortgage and loan payments, CCJ’s and discharged bankrupts. We also have commercial remortgages for people who have no accounts or are unable to provide proof of income. So if you need a commercial remortgage and you have been turned down or you think for some reason a more traditional lender will not help you call Think Commercial.
For Commercial remortgages we can have a decision in principle within two hours, a credit approved conditional offer within 48 hours and funds available in just two weeks. Terms for commercial remortgages can be from 10 to 30 years, up to 85% loan to value or 100% with additional security. |
