Getting The Amount of Business Finance You Need

by: pat lee


The business owner may typically wish to purchase a guest house, restaurant, industrial unit, bakery, shop, shop with flat, pub, take away, cafe, hotel, leisure centre and financial outlet. All these businesses are able to obtain finance if they match the client's circumstances correctly to be purchased via business finance or by refinancing existing assets.

Business lending has evolved to be more flexible and accommodating over the last few years. Lenders have started to take a more open view on lending and lending criteria is more open-minded. There have been some new specialist lenders who have come into the market with a view to give new lending features which would accommodate a lot of potential business owners including high loan to value up to 85% for the mortgage, adverse credit history, self cert, no accounts, no previous trading history, start-ups and minimum paperwork requirements. These loans can often be authorised in days.

Due to the complexity, risk and number of business lenders available within the UK it would be wise to get a suitable business finance broker to assist you with your lending requirements. A business mortgage should be regarded as an asset so making sure it is the right one for the business is essential in order to maximum return on the business owner's investment.