We understand that a retail business is often a high-volume
turnover business, with lower margins and good returns on capital
and rent. Our proposals outline the potential for excellent returns
in the retail sector, making your mortgage application attractive
to a variety of lenders.
Main Features
The terms of a commercial loan against a retail
business vary considerably from lender to lender but, as a general
rule, the following will apply:
- 60% - 70% loan to business value ratio
- 15-30 year mortgage term
We are experienced in offering financial solutions for
purchases, remortgages, debt consolidation, capital raising
(extensions) and cash injections across the retail sector.
Factors Affecting Your Loan Application
There are a number of factors which can help to make your
application more attractive to a lender:
- A deposit of 30% or more
- Additional security
- Business plan
- Proof of experience
- Good credit history
- Two years' trading accounts or strong income projections
- Strong proposal from Christie Finance
When assessing a retail mortgage application,
any lender will also have to take into account the
following:
- Good trading location
- The quality of the operator or tenant; preferential rates will
be more achievable if occupied by a reputable retailer
- The nature of your business – convenience stores, CTNs,
post offices and off-licences
Go to 'Our Offices' to find your
local business mortgage representative now.
Christie Finance –
The intelligent choice
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