Monthly Archives: October 2013

If your business has a commercial mortgage, I'll bet you haven't been told this before.  Why?  Because it has not come to many business's attention, until now! It's very simple.  The Government Funds for Lending Scheme, contrary to media speculation, can be very successful for businesses.  If you change mortgage provider, 2% of the loan…

This may sound surprising, and to an extent not totally true of course, but I'm going to discuss how a slight change in mindset can help you pitching to banks for better terms. One of the most regular scenarios I come across is a business who's banking or commercial mortgage terms have got worse, despite…

FACT 4. Terms are improving. FAO Commercial Property owners, or holders of commercial mortgages: It is definitely worth applying for commercial mortgages today.  Why?  Credit policies in various banks are changing, and for the most part, they are improving. I deal with banks on a weekly basis, and it has been very noticeable to see…

FACT 3. Bank managers that understand your business do still exist, but they are not where you used to find them. Find out where they are, and how to access them Here's a couple of recent examples: Example 1 - A gentleman contacted me recently who ran an interesting business, a Stud Farm, for Horses, in East Anglia.…

FACT 2. Brand loyalty does not pay.  Why your current bank is not incentivised to offer a better deal Most of us do it; staying with the same provider longer than we should.  A certain mobile phone provider and their lack of reception on the same day of every week (it's Friday) springs to mind! Supermarkets are…

FACT 1. Going into the High Street branch is not the best way to source a commercial mortgage, business loan, or business banking manager One of the big misconceptions in this recession today is the fabled media line, "the banks aren't lending".  There are a number of reasons businesses and commercial property owners have come to this…

What's changed when it comes to banks, business loans and commercial mortgages There has been, in my view: a major lack of coverage about the changes that have occurred in banks during the current climate, with regard to how businesses can access lending. As a result, these changes have not reached commercial property owners, business owners and…