We are looking for a 100% LTV commercial mortgage for a factory unit that we want to buy for our company to move into. I have searched around and not found a mortgage company that offer a 100% commercial mortgage and most of them require a deposit of around 30% which we don’t have at the moment as all of our cash is tied up in stock which we need. I heard that you might be able to help us with sourcing a business loan to cover the 30% deposit which would enable us to complete the purchase. Our business has been going over 5years now and I am happy to provide company accounts or bank statements to show that we could afford the combined payment. Can you let me know if this is something you can help with and what the monthly payments would work out to.
Thanks for your email and your question about 100% commercial mortgages. This is a common issue for companies who are asked to come up with sizeable deposits in order to purchase commercial properties. The banks who provide the mortgages normally […] read more