April, 2013 |

Why your business mortgage rate just increased 2%

It’s become increasingly evident that business owners looking for a new commercial mortgage/re-mortgage are completely dumbfounded by the rates and terms that the market currently offers. Here I’m going to explain why that’s wrong, what rates/terms you can get, and that it is not all doom and gloom! Was it really a boom? Unfortunately, the…

Why Standing Orders hurt your Commercial Mortgage Rate

This little known fact is a gem: if you have customers on standing orders rather than direct debits, this practice is very detrimental to your mortgage rate, and how much you repay each month. Why? 1 - It stops you from moving bank 2 - It stops you being offered a more competitive rate by…

You can PROFIT from moving bank

I’ll bet you haven’t been told this before. Why? Because it has not come to many business’s attention; yet! It’s very simple. The Government’s Funds for Lending Scheme puts 2% back into your businesses pocket straight away (if you’re with the right bank). A bank’s arrangement fee is 2%, but can be negotiated down to…

Banks still love GPs, Vets & Dentists

It is pretty obvious, but banks do like a business with a reliable income stream. It’s why GP surgeries, Dentists, Vet Practices and Funeral Parlours get among the best rates and terms. We’re regularly sick, we always die, our teeth needs regular checking, as do our pets. GPs and Vets can get 100% LTV commercial…

What businesses do Equity providers like?

According to respected Research site, UK Funders (http://www.ukfunders.co.uk/), in their 2012 Early Stage Investment Review, its Technology leading the way followed by some unexpected sectors. Of the 459 deals done in 2012, 189 (41%) of them were in Technology, the sector leader by far. Other industries that were well backed were Business & Professional Services,…