One unfortunate consequence of the credit crunch is the new style “Bank Reviews” that business customers are starting to experience from a number of banks.
Commercial mortgages are also available for the care sector which includes nursing homes, care villages, nurseries and accommodation with in house care staff. Get attractive range of interest rates and also flexible finance options. Care sector is a flourishing business.
Care financing is no more difficult to secure:
The loan size can be £200 000 to £100 million.
Loan to Value - Up to 85% or 100% with additional security.
Term - Up to 30 years. Interest Only Facility, Interest Roll Up (development), Capital and Interest.
Interest Rates - BOE Base Rate, Libor, Fixed and Hedged Rates. Borrower - Individual, Partnership, Limited Liability Partnership, Limited Company, Offshore Company and Self Invested Personal Pension Scheme.
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Finance can also be availed by business owners who wish to own property in their own name or in an investment vehicle and lease the property to the limited company trading business.
Care Finance is one of the most popular sectors for lenders to provide Commercial Mortgages, there are a wide range of attractive interest rates and flexible finance options available.
The Care sector covers all Care and Nursing Homes, Care Villages, Nurseries and Accommodation with in house Care Staff.
Finance is available for refinance, extension, refurbishment, development and new purchase.
Existing Homes looking to expand can arrange combination finance based on a term facility for the existing home and an interest roll up development facility for the new extension.
Finance is available for single trading units and for businesses with a portfolio of Care Businesses looking to either consolidate or expand.
Commercial mortgages are available for both Owner Occupiers and Owners with full time management. Finance is also available for business owners who want to own the property in their own name or in an investment vehicle and lease the property to the limited company trading business which helps to protect their assets.
Loan size - £200 000 to £100 million.
Loan to Value - Up to 85% or 100% with additional security.
Term - Up to 30 years
Interest Only Facility, Interest Roll Up (development), Capital and Interest
Interest Rates - BOE Base Rate, Libor, Fixed and Hedged Rates.
Borrower - Individual, Partnership, Limited Liability Partnership, Limited Company, Offshore Company and Self Invested Personal Pension Scheme.