Northgate Street, CHESTER, CH1 2HR | T : 0845 388 0275
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Cheshire Financial Solutions - Commercial LenderCheshire Financial Solutions is a Commercial Mortgage specialist that provides business finance to clients throughout the UK. The company, which is based in Chester, offer a broad range of commercial mortgage products for both existing business users, and those looking to acquire commercial premises for the first time. Previous credit problems and a lack of audiited business accounts are not always a bar to obtaining funding as lending decisions can be made taking into consideration the value of the premises and abilty to repay the loan.
In general terms finance can be arranged for up to 85% of the value of the premises but there are some lenders who will, in certain circumstances, offer up to 100% funding if additional freehold security is made available. The interest rate and terms offered generally depend on the amount being borrowed, the term of the loan and previous credit history. As a guide, interest rates currently start at 1. 25% above bank base rate.
The commercial mortgage market is charaterised by complexities not present in the Residential and Buy to Let markets. The market in general does not feature the dynamic and highly competitive price points seen in the domestic market. However there are increasing numbers of lenders offering tranches of fixed rate money for small and medium sized loans. The value of using a broker within this field cannot be overstated, due to the bespoke nature of every single commercial mortgage transaction.
Cheshire Financial Solutions is also listed in...Financial and Legal > Business Finance > Commercial Lenders North West > Cheshire > Chester
Last updated : 24 May 2007 | View Larger Map / Directions >
Nearest Travel Links | Liverpool John Lenno.. - 10.3 mi.
|  | Chester - 0.9 mi.
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