Bad Credit Commercial Mortgage Loan

Bad Credit Commercial Mortgage Loan to help you buy new or bigger business premises, remortgage you current property or invest in Commercial Property Development even if you have credit problems.

Most of the UK building societies and high street banks lend to “low risk” businesses, usually where the business has built up a credible trading history, is currently trading profitably and the ability to repay the mortgage is clearly evident.

However, not all UK businesses fall into this category and need an alternative option when the bank says NO! - Bad Credit Commercial Mortgage Loan

Sterling Capital Reserve Ltd regularly package Bad Credit Commercial Mortgage Loan applications for specialist Bad Credit Commercial Mortgage Loan lenders. We are one of the few brokers who can arrange Commercial Mortgages for businesses with debt or credit problems. Unlike traditional banks who tend to concentrate on historic performance, these lenders prefer to look forwards rather than backwards, which means that Bad Credit Commercial Mortgage Loan can be obtained for businesses with:

County court judgements
Mortgage arrears
No accounts
Poor credit rating
Historically loss making

There are no hard and fast rules, each Bad Credit Commercial Mortgage Loan application is judged on its own merits. These Bad Credit Commercial Mortgage Loan lenders are ideal for businesses (sole traders, partnerships or limited companies) which are looking for:

debt consolidation
business turnaround / phoenix
new business start ups
business refinance
where the incumbent bank want their money back!

The benefits of a Bad Credit Commercial Mortgage Loan are:

No need for audited accounts, simply declare your own income
Borrowing can be for any purpose
Simple Bad Credit Commercial Mortgage Loan application form
No business plans or projections required
No interviews or visits from bank managers
Up to 79% loan to value available (100% with additional security)

Acceptable security

Almost all commercial property is acceptable for a Bad Credit Commercial Mortgage Loan, this includes:

Pubs and restaurants
Farms
Factories and Semi Commercial
Offices
Investment properties
Retail premises
Hotels, guest houses, b&b’s
Takeaways and cafes
Holiday lets

Bad Credit Commercial Mortgage Loan Service levels

For most Bad Credit Commercial Mortgage Loan applications presented by Sterling Capital Reserve, you can obtain:

A decision in principle within 2 hours
Quick turnaround of all proposals
Same day solicitor instruction
Accelerated completion by using in-house solicitors

Bad Credit Commercial Mortgage Loan Rates

Bad Credit Commercial Mortgage Loan Mortgages are available for:

Advances up to £2 million
Bad Credit Commercial Mortgage Loan interest rates vary between 1% and 5.5% over base dependent on level of credit rating
Early settlement penalties range from 6% (of outstanding loan) in year 1 to 1% in years 6 onwards

Enquire Online for a Non Status Commercial Mortgage

Use our Online Enquiry Form on the right hand side of this page or Contact Us on 0800 0735353 and let our professional team find you a competitive UK Non Status Commercial Mortgage.