Funding 4 Commercial Property

Business/Property Type Industrial Units Warehouses Offices Factories Yards Showrooms Garages	Loan to Value % Up to 75% of Market Value can be considered on all property types. Where an existing tenant is purchasing, up to 100% of purchase price, subject to valuation. Up to 100% funding can be considered with additional security.	Interest Rates From base rate + 2%	Loan Term Up to 20 years can be considered.
Comments Freehold and long leasehold properties are considered. Accounts not always required Valuation or specialist business appraisal commissioned by us Additional information required. - C.V. on each applicant. - Asset & liability statement. - 6 months bank statements.



1. SCAFFOLDING COMPANY - NEW COMMERCIAL PREMISES The Question: Could we assist a scaffolding company to purchase a new yard, warehouse and offices as part of their expansion? The Proposal: We were introduced to a client who over the previous 5 years had built up a very successful scaffolding company based in West London but now doing work all over Southern England. The business had expanded rapidly and was still trading from its original leased premises which the company had now outgrown. Our client wished to purchase a freehold yard, warehouse and offices which were ideal for his purposes and required funding in order to proceed. The Requirement: Our client required a loan facility of £105,000 which equated to 75% of purchase price. The Solution: There was a requirement for speed as the vendor was keen to sell quickly and had only given our client a few weeks to complete the purchase as there were a number of other potential purchasers who were "waiting in the wings" so time was of the essence. The Benefits: We were able to have a valuation carried out almost immediately and upon receipt arranged a meeting with one of our lending principals to discuss our clients funding requirements. As a result of the meeting an offer letter was issued quickly, matters were put into the hands of solicitors and contracts were exchanged within the week in order to secure the property. Completion occurred within a few weeks thereafter and our client was able to move to his new premises and he continues to grow and expand.

2. TYRE/EXHAUST/MOT CENTRE - 100% FUNDING REQUIREMENTS The Question: Could we arrange funding for a Tyre/Exhaust/MOT business to purchase land to the rear of their existing industrial unit for expansion purposes, whilst at the same time restructuring their existing funding arrangements? The Proposal: Our client had established his business some 10 years earlier and had built up a reputation for quality work within his local area. As part of his expansion plans he now wished to purchase land adjacent to his existing industrial unit in order to extend his premises. He required funding in order to complete the purchase of the site, carry out an extension to the unit and at the same time take the opportunity to restructure his existing funding arrangements onto a long term commercial mortgage basis. The Requirement: Our client required a total loan of £255,000 to carry out his proposals as detailed above. The Solution: We were able to negotiate an agreement to lend based on the enhanced value of the property once our client had purchased the land and carried out the extension to the property. This meant in effect that our client was able to borrow 100% of his funding requirements. The Benefits: The key benefit to our client was an ability to expand his business without the need to inject any cash into the project, which of course would have meant taking cash out of the business, which could have had a detrimental effect on the cash flow of the business. In addition speed was of the essence, and so we worked quickly the time from initial instruction to completion taking just under 6 weeks.

3. CAR SHOWROOM - FINANCIAL RE-STRUCTURING The Question: Our client had a very successful car sales showroom in West London, he now wished to restructure all his various short term borrowing arrangements onto one long term commercial mortgage, so reducing his monthly outgoings thereby improving the cash flow of the business. Could we help? The Proposal: Our client had been trading successfully for many years from freehold commercial premises. However as he had grown and expanded the business he had done so by various short term loans and stock financing arrangements. He now felt that it would be prudent to place all his various short term funding onto one long term loan. The financial restructuring was to be secured by way of the commercial premises from which our client operated his business. Having had the proposal accepted by the prospective lender we then proceeded to valuation. However whilst the value of the building was satisfactory for mortgage purposes, the valuer suggested a possible contamination problem and suggested further enquiries were required. The Requirement: A total loan of £260,000 was required in order that our client could carry out his financial restructuring. The Solution: The key requirement was to arrange long term funding for our client to reduce his monthly outgoings. This we were able to do, however the deal had become "stuck" because of the contamination issue which had been raised by the valuer. Our solution was to instruct one of our specialist contacts to carry out a site survey and soil testing and to give an opinion as to the suitability of the property as security. The Benefits: The lender was able to rely on the report prepared by our specialist surveyor. This enabled our client to proceed with his funding requirements. The key benefit to him was having carried out the financial restructuring the savings amounted to £1,500 per month which assisted his cash flow considerably and have enabled him to increase his business as a result.