October 2018 - First 4 Commercial

Building Small Businesses with a Bridging Loan

It can be a complex process to acquire bridging finance when operating a small and growing business within any industry. If you are searching for some financial assistance with which to build your company and move on to the next phase of your growth our expert team at First4Commercial can help you find the right type of bridging finance for your specific needs.

In many cases, with the difficult financial climate of the last decade, a small business will struggle to find a traditional High Street lending source for a commercial bridging loan. At certain points in the roadmap of a successful business there will be times where cashflow is a struggle in order to pay wages and bills, and times where you need that extra bit of cash to push through an expansion or to take on new equipment, machinery and staff.

Bridging finance is a way to alleviate short-term financial problems and to plug the financial gap that can get them through to a period where future funds are definitely going to be available. Without this type of assistance a small business can suffer. With an injection of capital in the form of a bridging loan can give you breathing space when the next set of invoices are due to be paid soon, providing a stable foundation from which to continue business growth.

Our finance specialists at First4Commercial have all the information you require to help you acquire a commercial bridging loan as a small business owner. Call us on 01277 620083 or email info@first4commercial.com.


Do You Have to be Employed to Acquire a Bridging Loan?

If you are here searching for information about how to acquire a bridging loan you might be wondering about the eligibility criteria that we have in place at First4Commercial. We have developed our service to help a wide range of applicants, from all sorts of financial circumstances and backgrounds, believing that everyone deserves the chance to build a strong future if they can prove they have a solid plan in place.

Whether you are employed or unemployed you can apply for a bridging loan. The condition of eligibility for bridging finance is that the applicant should be an owner of a property that is being used as security when applying for the bridging loan.

There is a caveat for an applicant in terms of property ownership. If the applicant only part owns the property that is being used as security the loan will not go ahead. The applicant must also be able to produce a sales contract for the property that is under discussion, without this the terms will be viewed as invalid. There are also specific bridging finance options for the purchasing of properties at auction, each with different processes and legalities to consider.

If you would like to find out more about the eligibility criteria for a successful application for a bridging loan, you can speak to an expert member of the First4Commercial team today. To do so, you can email info@first4commercial.com or phone 01277 620083 and we’ll be happy to help.


Seeking a Commercial Mortgage with Adverse Credit

Starting a business is never easy, and we know that people entering the world of owning a business come in all shapes and sizes. In the vast majority of cases a business will require funding at some point and a commercial mortgage offers the chance for a company to build something solid for the future. What happens though if you have adverse credit and you are looking for a commercial mortgage?

For some traditional lenders, adverse credit is a problem they cannot overcome, but at First4Commercial we believe that everyone has a chance to put forward a case. We understand that not everything runs smoothly for every single person and we have links with a wide range of lending streams, tailored to suit your needs specifically.

You shouldn’t be hindered from building a strong future for your business purely because you have suffered with bad credit, and a commercial mortgage with adverse credit should be a possibility for you if you can prove that you have a solid plan in place for your business.

If you have suffered a poor credit score due to missed mortgage payments, CCJs or other black marks on your credit file First4Commercial could still help you secure a commercial mortgage. We offer non-status commercial loans that allow for customers to have a self-cert approach and to have the flexibility to succeed with their business.

For more information contact First4Commercial today on 01277 620 083 or email info@first4commercial.com and a friendly member of our team will be able to help you understand your choices for a commercial mortgage with adverse credit.


Bridging Loans from £5,000+ with First4Commercial

At First4Commercial we believe in providing our customers with the chance to succeed immediately, and not to be hindered by the stumbling block of a lack of cash for a few days or weeks. There are countless projects that require immediate assistance in the form of a bridging loan, and we offer commercial bridging loans starting from £5,000 to our customers.

In many cases, a bridging loan service could be the difference between successfully completing a transaction to purchase a property for development or missing out completely, or to clear business debts in order to steer clear of bankruptcy as opposed to losing a business to insolvency.

The speed of our £5k bridging loan service is what makes it most appealing to our customers. We can help you secure a financial package with a fast turnaround when you compare us with other, more traditional lending sources. If you are searching for bridging finance, the likelihood is that you haven’t got weeks and months to work through loan application processes in order to secure funds. We can give you an answer within a short timeframe, offering bridging finance with rates as little as 0.45% per month.

As long as you can provide us with clear information about your exit strategy on the project and have that route to pay us back within a set period of time, we can put together a package of bridging finance to help you in most situations that require a jumpstart whilst other financial solutions are being finalised.

For more information about the First4Commercial service and specifically about our bridging finance product from £5,000, call us on 01277 620083 or email info@first4commercial.com

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