Easy commercial loans for your clients

Easy commercial loans for your clients

We received a lot of enquiries for this new service so here is a reminder.
We want to check you know how our new digital bank can help your clients – especially if commercial mortgages are not a core product for you.

• This “fin-tech” lender challenges the high street lenders on rate but is also more flexible.
• In some cases it beats high street rates.
• In other cases it can out price many 2nd Tier lenders by a significant margin. Talk to me before selecting a second tier lender.
• There are no ERC’s
• Interest only is also available
• High street rates but borrowers don’t need to move their bank account.

Consider it a hybrid lender spanning both Tier 1 and Tier 2 lenders – worthy of consideration every time so please call me with any enquiries.
They are particularly keen on owner occupied commercial property and offer great rates for risk:

• Rates from 2.5% to 2.9% for owner occupied commercial mortgages up to £900k for low and medium risk with LTV’s under 60%
• Rates from 2.85% to 3.05% for owner occupied commercial mortgages up to £900k for medium risk with 60 – 65% LTV
• Rates from 3.65% to 3.75% for commercial property investment up to £900k for medium risk with 60 – 65% LTV

This lender has a very restricted panel of packagers but we can do everything to support you.
Of course, commercial finance is not everyone’s cup of tea so we can take over entirely if you prefer by exploring the high street and specialist market, dealing with your client direct and sending you a cheque on successful completion.

Please call us to discuss any commercial or bridging cases you wish to place on 01902 585052.

www.promisemoney.co.uk

01902 585052