Unlocking Opportunities: Your Guide to Commercial Mortgages
Welcome to Acorn.finance, where we transform commercial properties from liabilities into valuable assets. Discover the key to your business’s success through our commercial mortgage solutions. Whether you’re looking to purchase, refinance, or unlock capital, we’ve got you covered.
What is a Commercial Mortgage?
A commercial mortgage is not just a loan; it’s an investment in the foundation of your business. Secured against your business premises, a business mortgage will empower your growth, giving your business the freedom to grow and to adapt the premises to fit your needs! Oh – and no more rent payments!
Why Choose Acorn.finance?
With a legacy dating back to 1997, we’ve earned our stripes in arranging funding. Seven UK Best Broker Awards and a 5-star customer feedback record speak volumes about our commitment to excellence. Trust us for your business mortgage needs and experience financial solutions that stand the test of time.
What Can You Use a Commercial Mortgage For?
The possibilities are vast when it comes to utilizing a commercial mortgage:
- Buying a Trading Business: Dive into ventures such as retail, hospitality, pubs, or the care sector.
- Purchasing Business Premises: Secure locations for operations, whether it’s a storefront, warehouse, or manufacturing space.
- Refinancing Existing Debts: Consolidate, reduce interest rates, or reschedule repayments to achieve financial stability.
- Financing Refurbishments: Breathe new life into your space or acquire additional assets and properties.
Remember, if it’s legal, you can probably raise funds for it!
Alternatives to a Commercial Mortgage
While a commercial mortgage is often the optimal choice, we understand that circumstances vary. Explore alternatives like bridging loans or business loans if a traditional mortgage isn’t currently viable. Our specialists are here to guide you toward the most suitable solution.
How to Get a Commercial Mortgage
The process is straightforward:
- Who is the Applicant?
- Understand the identity and credibility of the borrower.
- What Are the Funds For?
- Clearly articulate the purpose of the funds.
- How Will the Funds Be Repaid?
- Demonstrate a viable plan for repayment.
Different lenders may have varying criteria, such as business experience or debt servicing cover requirements. Visit our forthcoming guide for more in-depth information on securing a commercial mortgage.
Business Loans: A Flexible, Unsecured Alternative
Consider a business loan for increased flexibility, especially if the stringent requirements of a mortgage pose challenges. While repayments are typically higher, the shorter term can make this option more accessible, especially for non property-related projects.
Special Cases: Turning “Impossible” Into Reality
At Acorn.finance, we thrive on challenges. Our success stories include:
- Funding sitting tenants up to 100% of the property purchase price.
- Enabling the purchase of non-trading businesses without traditional accounts.
- Facilitating exercises of lease options.
- Providing solutions for bad credit business mortgages.
Explore possibilities beyond the conventional, and let us turn your unique case into a success story.