Non-property
related standard business loans and overdrafts
A standard Bank business loan is typically
used to fund current business requirements, ie working
capital, equipment, stock etc; business loans usually
span between 1 and 7 years.
Loans are also available to purchase
an existing business or set up a new business.
Loans or overdrafts can be negotiated
on your behalf with your existing bankers or with other
banks if there are advantages to moving.
Under the DTI loan guarantee scheme,
banks will lend with the benefit of a Government Guarantee
where other security is not available. Our expertise in
putting together proposals under this scheme is invaluable.
Development
finance Finance to purchase, develop
and sell on, both commercial & residential land and
property
Generally repaid on sale
or can be refinanced as appropriate if it is subsequently
decided that the property is to be retained as an investment.
You can expect to borrow
up to 70% of the value of the land and 70% of the cost
of the project.
Lenders will usually provide short-term
finance typically for 12-18 months.
Finance is repaid on the
sale of the completed project. Re-finance can be arranged
if it is subsequently decided to retain the property as
an investment.
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