Adverse Credit Commercial Mortgages
Many different types of people enter the business world and start a company. Some of those will have adverse credit histories and be struggling to acquire the funding they need in order to build their dream career. First4Commercial understands that it isn’t always plain sailing and that there should be a way to achieve adverse credit commercial mortgages.
Adverse credit can come about for a variety of reasons, from missing credit card payments, being late due to technical reasons or oversights in terms of paying bills, or even more serious issues such as missing mortgage payments or having CCJs against your name. If you are a business owner with any of these black marks against you it could be difficult to secure a commercial mortgage from the traditional high street route.
First4Commercial can help those who find themselves in these situations, with non-status commercial loans available to those with an adverse credit history. There are higher rates of interest attached when compared to high street lenders, but it allows for customers to have a self-cert approach if they are unable to prove their income at this point. Having the flexibility to approach a business in this way could be the difference between a venture’s success and failure.
If you’d like to know more about our service and how we can provide adverse credit commercial mortgages to help you move forward with your business dreams, contact us today. Our team of specialist financial advisors will be happy to help.