Individuals and entrepreneurs are often deterred from starting a business when the scale of cash flow is realised and confidence is low. Business opportunities can come and go at a significant rate, so it’s important to understand your finance options and remain optimistic about your projections.
Investment mortgages are designed for those seeking finance for commercial properties, such as a business office or high street shop. For many entrepreneurs, an office or retail outlet is essential to generate income and is core to a business plan.
Often the ‘make or break’ element to a business plan, investment mortgages are concerned with the revenue potential associated with a business or property, as opposed to traditional mortgages that are based on individual earning capacity.
Commercial mortgage lenders will look at the market potential and consider the size & purpose of the property. Mortgage lenders will then evaluate the terms of lease or terms of ownership to determine the overall attractiveness of an investment.
Commercial mortgages are common financial products offered at most high street banks and building societies, but the advantages of sourcing finance through NGI are numerous. To find out more, get in touch with a member of our team now!