Our advice is Relationship Driven, Non-Transactional and delivered with integrity.
Secured Loans as a business solution can be used for virtually any legal purpose, and
are generally quicker to complete than a remortgage as a funding solution.
A Secured Loan can also enable clients to borrow money, particularly
if they do not wish to lose a current, low mortgage rate.
Commercial loan sizes are available from £10,000 up to £500,000 with loan terms
up to 25 years, a secured loan is often a suitable alternative
to a remortgage.
Secured Loans also benefit from no upfront costs and there
is no requirement for a solicitor to be involved in the transaction,
keeping costs and time to a minimum.
Acceptable Purposes for a Secured Loan
- Up to 95% LTV for all applicants
- Can ignore all adverse credit over 1 year old
- Loan sizes from £10,000 - £1,000,000
- Larger loans available on referral
- Rates from as low as 4.92%
Buy to let second charges available
to 75% LTV
Up to 17 times income, using income
- Poor credit options available
Loans available for borrowers looking
to exit a debt management plan, IVA's
and even bankruptcy
- Average completion time is 15 days
- 1st charge BTL available in days
- Little or no redemption penalties
Relaxed income proof for self
Secured Loans covers most legal
purpose including business purpose
and repayment of tax bills amongst
Complete our quick online enquiry form and one of our
specialists will contact you to discuss your specific options.
Asset Finance (Renwables) – Leicestershire
LED Lighting Funding Requirement £805k
The situation: A large PLC required a lighting re-fit of one of its warehouses. The warehouse used lighting 24 hours a day and saw the benefit in installing LED lighting units, where the energy usage was 75% lower than their current units, but also had a life span of 10 years. This meant that the PLC didn’t have to replace the bulbs on an yearly basis. The replacement of bulbs meant a day’s closure of the warehouse and a team of installers who were expensive, this was not cost productive. The decision was made that a finance option may be a good solution to fund the units.
The Solution: A quotation was presented to Commercial Expert Ltd, due to the client being a PLC, data was readily available and a finance proposal was quickly produced to fund 100% of the fitments and installation costs. The payments were 100% tax deductible and were over a flexible term of 36,48 or 60 months, giving the client enough scope to decide which best fit their cash-flow.