Commercial mortgages and business finance for post offices mortgages
Charleston Financial is established as one of the market leading commercial mortgage packagers able to provide commercial mortgages and business funding for all types of business and buildings.
With commercial mortgage rates historically low, there has never been a better time to invest in your business or investment.
If you have experience of running post offices then you will know that they are very profitable business if run correctly, you can generally benefit from the profits of the shop sales together with the very attractive prospect of your salary from the “post office”.
One of the key benefits of running a business in retail and purchasing your business is that several lenders can now lend against the “going concern” value of the business, which if the business is profitable enough means you can often borrow up to 100% of the bricks and mortar value of the building, if you are a sitting tenant running your own business on a lease, then we could potential arrange is to 100% of the purchase price.
Together with market leading headline rates, we are also able to place more difficult mortgages with “challenger” banks so if you have been declined elsewhere, we can still look to place your mortgage and provide you with an alternative to conventional lending institutions.
Charleston Financial can assist you with your mortgage requirements with the following key points:-
- Up to 80% commercial mortgages available for the purchase of a freehold business (without additional security, 100% LTV available with additional security) or 100% of the purchase price if you are currently a sitting tenant.
- Re-finance/re-mortgage of an existing business looking to expand business, inject capital or take advantage of the historically low interest rates available in the market
- Additional lending/further advances
The scope for lending to established businesses and even start up business (with previous experience) are considerable and as such we have access to a wide selection of commercial mortgages and commercial mortgage lenders for post offices.
As a general guide, we can assist you assuming that your trading business is able to provide 3 years profitable accounts and have maintained your current banking facility within agreed limits.
In addition to owner occupied mortgages arrange market leading and highly competitive options for investment purchases and refinance applications, for further information see our “investment mortgage pages”.
Requirements that Charleston Financial will need in order to source a commercial mortgage for office mortgages
- Charleston Application form (available on our download page)
- Proof of identity (see acceptable ID on our download page)
- 3 years trading accounts
- 6 months personal bank statements
- 6 months business bank statements
- Business plan and or your personal CV to demonstrate sector experience (if purchasing a new business)
Charleston Financial can help with all types of commercial mortgages, bridging finance, residential mortgages and secured loans, in order to discuss your personal borrowing needs, please call one of our qualified advisers on 01442 215 527 or FREEPHONE 0800 612 3167 or click here to request a call back.