Six months personal bank statements if not Barclays banked.īarclays tends to offer mortgage terms between five and 20 years.Six months business bank statements if not Barclays banked.Three years full financial accounts for the trading business.Barclays Personal Details application form.Statement of Assets and Liabilities form (provided by Barclays).Limited company directors will typically need to provide: Trinity Financial helps its clients to secure indicative terms through Barclays in the form of an illustration after an enquiry has been discussed and agreed in principle with our dedicated business development manager.īarclays will ask for a range of documents as part of its application process to start an application. It is not uncommon for commercial lenders to take on part of the debt for larger transactions with a selection of other providers.Ĭall Trinity Financial to secure a commercial mortgage on 020 7016 0790īarclays commercial has some excellent rates on its commercial mortgages and has a strong track record of providing commercial finance to trading businesses. The real estate team can provide larger loans for the big-ticket transactions with other lenders. Santander’s real estate team typically arranges finance over £2.5 million up to £40 million and the price is between 2.25 to 2.75 over LIBOR, which is currently 0.8%. "Santander can lend to clients for property purchases when there is a short lease or to buy the premises they work from." For example, companies can borrow to purchase office space or hotels, buy farms or nursing homes, and purchase professional practices including dental surgeries and doctor surgeries.Īaron Strutt, product director at Trinity Financial, says: "Our brokers are speaking to more business owners who want to refinance on to cheaper loans or borrow to fund refurbishment works. Santander provides finance for a range of businesses and for different purposes. Santander is offering a range of commercial mortgages and loans to trading businesses.Ĭommercial finance is available through lots of the larger banks, but Santander has flexible terms and the lender's rates are competitively priced.
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