September 2018 - First 4 Commercial
24Sep2018

Reasons to Seek Out a Bridging Loan

Bridging loans don’t have to be complicated. At First4Commercial we understand that every case is different, and when you come to us for help you’ll have a different reason for requiring a bridging loan than the next person. Our service is geared towards helping people in a wide range of circumstances and situations to acquire bridging finance that will help them get to where they need to be.

This includes the following scenarios:

Refurbishment of a Property – In some cases a newly purchased property will require significant refurbishment work to take place before it is completed and fit for habitation. A bridging loan can help fund the purchase of materials, equipment and specialist tradespeople before you sell on the property.

Cover Unexpected Employment Bills – As more and more people in the UK are working as freelancers or starting their own businesses we often see cases where they are hit with unexpected (or larger than expected) tax bills and other associated costs. If you haven’t yet had chance to build up savings, a small bridging loan can cover you until the next large project is paid by your clients.

An Alternative with Bad Credit – If you have bad credit some traditional lenders might not wish to give you a chance. At First4Commercial we are geared to assist all clients seeking bridging finance, even if you have struggled to acquire credit through other avenues prior to contacting us.

No matter your situation the friendly team at First4Commercial is here to help. Find out more by giving us a call today on 01277 620083 or by emailing info@first4commercial.com and we’ll get back to you at your convenience.

15Sep2018

Expand Your Business Operations with Bridging Finance

Every business has that moment where they either stick or twist in terms of expanding the business operations. For many business owners the sticking point comes with the cost of moving offices, hiring more staff, more equipment and creating that larger space to work out of.

In order to be successful a business has to show a willing to explore innovation, to shift with the times and specific needs and nature of their customers and look to move forward at all times. This is the same in any industry, and if you are on the cusp of requiring new office or factory space in order to move to the next level of your business, you might be worried about the funding of such an endeavour.

With a bridging loan from First4Commercial we’ve got you covered. We can help you with a commercial bridging loan that covers the cost of:

 

  • Expansion into brand new offices to accommodate influx of new employees
  • Adaptations to existing workspace to accommodate new employees
  • Purchase of much needed equipment and machinery
  • Hire specialist staff for an overhaul of company training

As long as you have a strong business plan in place, and can use your commercial premises as security, we have the contacts in place to find you the perfect bridging funding to help you take that next step in the journey you are on running your business. It could be the key to allowing your business the breathing space to thrive. Find out more by contacting our friendly team on 01277 620083 or by emailing info@first4commercial.com.

8Sep2018

Securing a Large Commercial Mortgage with First4Commercial

At First4Commercial we have assisted a wide range of businesses, in a variety of sectors, to secure large commercial loans. There are several types of commercial property that can be used as security on a large commercial mortgage. We have helped offer expert advice and guidance within the following industries and business types:

  • Large agricultural projects
  • Large-scale construction and development projects
  • Expansion within the leisure industry
  • Multi-occupation office space for commercial needs
  • Retail space, from single occupier to large multi-tenant buildings
  • The legal and professional sector

Whereas a business might wish to take out a small commercial loan at certain times during the initial stages of a business, a larger loan will help a business as it looks to take the next step in its growth. This could be to assist with a relocation of a business to new premises, or to help with an increase in staff numbers or improvement in required technology.

How Does a Large Commercial Loan Operate?

Once a small business loan has come to an end it is often necessary to take out a large commercial loan. If you are seeking anything over £25,000 this requires a commercial property to be used as security. We can help you take out a commercial loan up to 100% of the value of the property in question with flexibility in the form of additional security if it is an option, and required.

For more information on taking out a large commercial loan, speak to the experts here at First4Commercial. We can help you maximise your potential. Call us on 01277 620083 or email info@first4commercial.com to find out more.

2Sep2018

How a Personal Loan is a Great Alternative to Using a Credit Card

To take advantage of many opportunities in modern life you have to have a good credit score. It can make a huge difference to a person’s ability to move forward with their life. For many, the easiest option is to take out a credit card to build their score over time. A better credit score will help you in future if you decide to apply for a mortgage, to refinance your current home or to secure a large bridging loan.

A credit card might seem the easiest choice, but there might be a better alternative. By taking out a personal loan with First4Commercial you have a greater way to build up your credit score without the long-term risk associated with a credit card. Here are  2 reasons why:

Make a One off Payment with Ease – A personal loan is a fantastic way to make that single payment for a large item that you need. Whether it is for an emergency situation, a home refurbishment, to purchase transportation or other opportunities, a personal loan can help you make that payment fast, build up your credit score and allow you to secure flexible repayment terms that suit you.

Payment Terms that Work for You – On a credit card your monthly repayments can vary quite a bit depending on how much you have on it to pay off. With a personal loan you know from day one exactly how much you have to pay off each month, and for how long those repayment terms will last.

To find out more about taking out a personal loan with First4Commercial please feel free to speak to our friendly team on 01277 620083. Alternatively, email us at info@first4commercial.com and we’ll arrange a suitable time to contact you.

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