May 2017 - First 4 Commercial

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.


Auction Finance

Buying a property at auction is exciting stuff! The buzz of the battle to see who comes out on top and wins the property in question and the flurry of activity in the auctioning hall all add to the drama of the proceedings. Whether you are a first-time buyer or a seasoned property investment one thing that has to be in place in order to push through a property purchase is auction finance.

In most cases those individuals making a winning bid at auction will have to put forward a deposit (non-refundable) on the day and then have 28 working days to pay the remainder of the balance. This means that when compared to the traditional routes of purchasing a property there is a much shorter window in which to secure the property and complete the purchase.

Auction finance allows you to enter an auction room safe in the knowledge that you have an agreement with a lender in principle, with clear budgets in mind that you can work within when bidding. It also allows you to add to your property portfolio even if much of your capital is tied up in existing properties.

If you’d like to discuss your auction finance options with a team of seasoned professionals with plenty of experience in helping people secure property at auction, contact First4Commercial today. We’ll be happy to give you that safety net and security to ensure you can bid with confidence that we’ve got your back.


Non-Status Loans

Even for those with no proof of income or with adverse credit conditions there is help available. First4Commercial has lending options that could be a help to any party looking for a non-status loan for a variety of reasons. Whether you require funds for cashflow as a new or growing business, working capital, or a loan on a commercial property, our lending options could be a viable route for you.

Non status commercial loans are a great advantage to a number of businesses in different situations. They are an ideal financing option for limited companies and sole traders who require some financial help in order to provide start-up funds, to refinance or to turnaround their business in troubled times, or to consolidate debt.

From traditional lending providers these types of businesses might struggle to acquire the financing they need due to their relative youth in the market place, but that shouldn’t stop them seeking assistance that can help a business not only stay afloat, but to thrive.

Even for those with impaired credit situations, non-status loans can be provided to secure the future of the business. We will consider all applicants, even those with adverse credit histories and can put together a non-status loan that lasts anywhere from 3 months to 10 years.

Contact First4Commercial today to secure a non-status loan that could be the assistance your business needs to push on to the next level, or to keep cashflow moving smoothly in a tight month. We look forward to assisting you.


Small Bridging Loans from £5k

First4Commercial understands that sometimes our customers require assistance in the here and now in order to push a transaction or project through to the next phase. A small bridging loan, starting from £5,000 could be the difference in making a successful purchase of a property at auction or to clear debts in order to ward off bankruptcy.

The main beauty of bridging finance for sums of money above £5k is that it can be secured relatively quickly when compared with regular lending schemes. In those cases it can sometimes take months to work through an application process and secure the finance you need to complete on a purchase. With bridging finance from First4Commercial we understand the necessity of a fast transaction and can get an answer to you within a short timeframe, with rates as little as 0.45% per month.

It is a simple process with us. All you need to do is provide concrete evidence that you have an exit route, a way of paying back the short-term loan. If we can see why you require bridging finance from us and that it is easily repayable we can help with most situations.

If you’d like to know more about our service and how we can help provide you with small bridging loans from £5k upwards, contact First4Commercial today. Our friendly team of advisors has the experience and know-how to help you out of a tight situation where you require finance as soon as possible. We look forward to helping you bridge that gap.

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