Business Mortgages – A Step-by-Step Guide
There are many uses for business mortgages throughout the business world and by following this step by step guide to business mortgages, you can ensure that you make the most of the equity release provided and use the business mortgage to really propel your company forward.
Business Mortgages –
Everything You Need To Know
Obviously, committing your company to a business mortgage is a big obligation and understanding the in’s and out’s of business mortgages will allow you to facilitate the biggest return from the equity that business mortgages release. When looking into business mortgages, you would invariably find that there are two distinct types:
- Owner Occupier Business Mortgages – This
is where the borrower is looking to buy property and/or land for their
business operations.
- Commercial Investment – This
refers to where the borrower is purchasing property/land as an asset that
can be rented out.
Business Mortgages – The
Advantages
Business mortgages provide many advantages to businesses looking to get ahead in their market including the following:
- Superior Cash Flow – A business
mortgage gives you access to capital that you would not normally have
access to with minimal up front payments and also the flexibility to
formulate a repayment plan that best suits your needs.
- Retaining Ownership – Business
mortgages are beneficial because they mean that instead of raising funds
by selling a share in the property to an investor, you retain complete
ownership. You retain all the benefits of ownership and this includes the
fact that it is an asset that can increase in value.
- Tax Advantages – Business
mortgages are beneficial to a borrower because the interest on payments is
tax deductable and are made with pre-tax money.
Speak To Swift
Property Finance About Business Mortgages
Swift Property Finance are delighted to be considered specialists in the property finance field and are pleased to go that extra mile on behalf of our customers. Offering everything from bridging loans to property investment finance and expert advice from experienced brokers, Swift Property Finance is at the forefront of the industry. Offering over 15 years experience in the property field and providing an impressive list of lending sources ranging from major banks to wealthy private investors. For more information, simply call 0845 680 0609.