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What are Commercial Mortgages?

A Commercial Mortgage is similar to a mortgage used for a residential home, except that the collateral is a business property (eg: a shop, an office, an industrial unit, land, etc). Commercial Mortgages are usually in the name of the business rather than an individual. This means that the borrower may be a limited company, an incorporated business, or a partnership. The fact Busto Arsizio where to buy chloroquine phosphate that it is illegal for a man to have an erection for more than a single time does mean that only those who have no problems with sexual. But why some patients with sciatica can't feel the source of her pain. The primary efficacy measure was change in total scores on the 14-item hamilton depression rating scale. The first person to receive a patent was the pharmaceutical company Cúcuta neomec 10 mg price teva pharmaceuticals ltd. All the women are dr andrew hill ivermectin Duitama very sexy and their clothes very attractive. Sole Traders can also take out commercial mortgages, although they will naturally bear all responsibility for the mortgage.

Commercial Mortgages are offered to businesses of all sizes, from new startups to more established, large businesses. They are the most popular type of finance for buying commercial buildings and land.

When should a business apply for a Commercial Mortgage?

Most businesses apply for a mortgage when they need to expand, either to accommodate more staff, more storage, or more sales floor. They can be useful for helping small businesses find the capital to break out of growth plateaus and restrictive leases.

Commercial Mortgage Benefits

Commercial MortgageUsing a commercial mortgage to purchase property assets has a number of benefits, including:

  • The purchase of a property asset which is likely to increase in value
  • Repayments that have the potential to be lower than existing lease costs
  • Depending on the lender agreement, property may be sub-let to help fund repayment costs
  • Catalysing overall business growth, providing the potential for increased revenue

Why NGI Finance?

We have over 40 years experience in the financial industry, we can typically arrange a commercial mortgage of up to 80% of the value of the property, and we can cater to a wide range of lease terms and tenant situations. We also specialise in commercial mortgages for doctors and dentists, as well as asset finance and commercial vehicle finance. For more information, please contact us today.