Commercial Finance

Commercial Mortgage

A Commercial Mortgage is used to finance business premises; they may be industrial, office, agricultural, hospitality (hotels or guests houses) or Care facilities.  ecityfinance, can advise the client as to the suitability & terms of products available to them; after assessing the needs of the client in line with the guidelines of The National Association of Commercial Finance Brokers (NACFB).

Suitability is determined by assessing four key areas.

  1. The needs of the business; Determining what the funds are for, the price the client is willing to pay in terms of interest, the length of term being considered and whether a Fixed or variable interest rate is preferred.
  2. Status of the Applicant; once the reason for borrowing has been established the rate and terms offered by a lender will be determined by the Risk Profile of the client.
  3. Security; The lender must be satisfied that the property offered as security is adequate for the purpose.
  4. Ability to Service and Repay; The client will have to demonstrate to the  lender their Ability to Service and repay the loan.

Once a loan has been agreed, the lender will usually confirm and Offer in Principle which is based on the information supplied in the formal application.

Commercial Mortgage is just one of the Commercial Finance products that ecityfinance can help your business with, there are several other Linked Financial Products available.

Linked Financial Products

  • Mezzanine Finance
  • Sale and Lease back
  • Secured lending
  • Asset Finance

If you would like to arrange a without obligation meeting to discuss your Commercial Finance requirement please contact ecityfinance to set up an appointment.

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