If you already have a commercial mortgage on your company’s business premises, you might find you could benefit from remortgaging.

A commercial remortgage allows you to unlock some of the equity that is currently tied up in your commercial property.

It could also be a chance to switch to a more competitive, cheaper mortgage, especially if your or your company’s credit rating and business history have improved since you took out your original commercial mortgage.  

The money you free up through a commercial remortgage can be used for all sorts of things for your business.

For example, you could purchase additional stock, or invest in new machinery or other fixed assets such as vehicles. Another use for the extra money can be to pay off outstanding bills, or clear other borrowings such as the company’s overdraft.

To find out if your business could get a useful cash injection from a commercial remortgage, please fill out our commercial remortgage enquiry form, and we will pass your details to one of our professional commercial remortgage advisers.

Even if you or your company has had credit problems in the past, it may still be possible to secure a commercial mortgage or remortgage on competitive terms.

People or companies with credit problems (such as CCJs, late payments, defaults, mortgage arrears, or IVAs) can usually qualify for an adverse credit commercial mortgage, also known as a sub-prime commercial mortgage.

There are a number of lenders who specialise in providing this type of commercial finance to companies that require a mortgage but have (or whose owners have) a poor credit record.

So, even if you have been turned down by a high-street bank, there is a good chance that one of our brokers may be able to help.