Residential mortgages for small business owners.

We are often approached by the owners of small businesses who have come to the end of their overdraft facility but need further capital for the business. The problem is usually that if the bank is securing the overdraft by way of a second charge on the residential property they will only allow a relatively small percentage of the free equity as security, and if the applicant goes back to a High St mortgage lender they will lend on a multiple of the profits of the business, which in difficult times obviously restricts the amount available. There are a variety of lenders only available through broker networks who can take on these cases, and will not be put off by adverse credit or arrears on existing mortgages. If you would like a quotation or to talk through your particular circumstances, our mortgage expert Erik Cornish will be happy to help. Just call or email and we'll respond as soon as we can.

Commercial mortgages for small businesses.

The largest provider of commercial loans for small businesses is the High St, where the clearing banks work to very similar lending criteria and are all becoming more and more "risk adverse", which is their way of saying they will only do the easy deals. There are lenders who specialise in the provision of secured finance for small businesses, and some of them specialise in areas such as speculative building development; flats over shops; non-standard construction types etc. We have over 20 years experience in placing deals, and if something just isn't "doable" we would rather tell you immediately and look at other potential ways forward than make rash promises and charge heavy up-front fees and then break the bad news, which unfortunately happens only to often. If you have a situation you would like to discuss, call or email us and we'll respond as soon as we can. All initial discussions are without obligation and all information is held in the strictest confidence.

For non-status commercial mortgages that offers:

• Loans to 75% open market value
• No accounts required
• Rates from 3.75% to 6% over base
• Adverse credit accepted
• Start-ups accepted
• Quick decisions
• No compulsory life cover

Please contact us for further details or to discuss your situation