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In the past, it tended to be only larger organisations with a proven track record who could obtain commercial mortgages. Many younger or smaller businesses were unable to obtain this type of commercial finance and so had to rely on expensive short term finance or use their owners’ residential property as security instead.
Fortunately, this gap in the market is now being targeted by specialist commercial lenders who are willing to serve the commercial mortgage needs of SMEs and owner-managed businesses.
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©2004 - 2006. Terms & Conditions of Use. |
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 WHAT'S IT FOR?
You can use a commercial mortgage for any business purpose, such as:
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Buying a shop
- Purchasing an office
- Buying a pub
- Clearing a business overdraft
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Improving business cashflow
- Buying a B&B or guest house
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