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Perspective on the Development Finance & Commercial lending market:
Well run businesses constantly review their plans, investment needs and objectives in the light of changing conditions in the marketplace.
Uncertainty is always seen as the main enemy. Businesses prefer to avoid surprises and want to make decisions with the knowledge of how their business will look in the medium term.
The way businesses plan their finances reveals a direct link between business investment and business confidence. Understanding these market forces can provide brokers with an effective means of benchmarking commercial funding performance over a period of time.
Many clearing banks are nervous about lending long-term finance and have reduced their lending percentages. All is not lost, we have lenders that will lend up to 80% of the completed property value and up to 100% with additional security on Commercial Property and 75% of the land value and up to 100% of the development costs, on Development Projects lenders will consider joint ventures, giving 100% finance though the norm is 75% of development costs, Rates and terms vary depending on the client and the project in question but start from 1.5% over bank base.
We are able to arrange finance in the following sectors:
Shops, Hotels, Guest Houses, Public Houses, Warehouses, Post Offices, Convenience Stores, Nursing Homes, Day Nurseries, Restaurants, Investment Properties, Industrial Units and Factories. Development Finance, New Build, Conversion and Bridging Finance, Leasehold Property, Leasing and Asset Finance and Vehicle Finance.
There is a choice but beware!
Commercial & Development Finance understand that clients usually approach their existing bankers because they are not aware of the presence of other smaller Banks, Lenders, Factors and Lessors which often offer more competitive terms.
It is therefore crucial to deal with a broker who knows the finance providers, is able to present a properly constructed proposal and only expects to be paid on success.
That is the principal reason the National Association of Commercial Finance Brokers (NACFB) was formed in 1992 to protect clients. All NACFB members comply with an industry recognised Code of Conduct and carry professional indemnity insurance, and we adhere to a strict code of conduct to safe guard clients against restrictive practice within the industry.
NACFB members have access to the most competitive source of funding from main banks to specialist providers that supply Commercial Mortgages, Commercial Bridging, Loans Buy-to-Let mortgages, Leasing and Equipment finance, Factoring and Invoice discounting, Vehicle finance, Bank loans and Overdrafts.
Our lenders will also consider clients who have had credit problems in the past provided there is sufficient security.