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DO YOU NEED A LOAN FOR A LEASEHOLD BUSINESS?

We can help you find the loan you need to purchase or refinance your leasehold business.

Type of business

RETAIL	CATERING	LICENSED	MISCELLANEOUS
GENERAL STORES NEWSAGENTS OFF LICENCES POST OFFICE DIY SHOPS DRY CLEANERS CHEMISTS	PIZZA/PASTA/KEBAB INDIAN/THAI/CHINESE FISH & CHIP SHOPS CAFES / SNACK BARS AMERICAN DINERS FAST FOOD OUTLETS	PUBS INNS / TAVENS WINE BARS SPORTS BARS BRASSERIES BRISTROS / BARS ALL RESTURANTS	ALL GARAGES HEALTH FOOD SHOPS SPORTS SHOPS HEALTH / FITNESS CLUBS HOTELS / GUEST HOUSES CARE / NURSING HOMES CHILDRENS NURSERIES

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Basic Lending Criteria

Purchase

Catering Business (upto) 65%

Other Types Of Business (upto) 60%

With additional secuirty 100%

Minimum Loan of £20,000 Maximum loan £250,000 of purchase price or valuation whichever is the lesser. Maximum repayment term 120 months.
Normally a 10 year lease is required, however on exceptional a term of 5 to 8 years can be considered.

Leasehold Refinance

Max Loan £100,000 50%
Max Loan £250,000
With additional secuirty

Maximum repayment term 120 months.

THE ACTUAL RATE WILL DEPEND UPON YOUR CIRCUMSTANCES.

ASK FOR A PERSONAL ILLUSTRATION.

PLEASE BE AWARE COMMERCIAL LOANS ARE NOT COVERED UNDER THE FINANCIAL SERVICES AUTHORITY

1st Contact UK is an independent marketing website and not a lender or broker and are not authorized or regulated by the Financial services Authority. We do not sell or recommend mortgages or broker services. We pass on enquiries to financial service providers and cannot offer advice. 1st Contact UK is not responsible or liable for any financial service or mortgage obtained through a 3rd party. The enquiry from this website does not constitute an offer to provide a mortgage.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE