Financing options for business property.
Blossomfield offers an array of commercial finance services to help businesses get the finance they need to fulfil their business plan. We have solutions and options if you need credit to buy, renovate, and potentially rent a commercial property.
Call one of our commercial finance experts in Birmingham today on: 0345 066 6555 or drop in to see us at our Birmingham office on Coleshill Road.
Commercial finance includes several methods and banking products to generate credit for commercial purposes, such as buying commercial property. Without this finance, businesses may stagnate and be unable to grow efficiently.
There are many options to secure commercial finance, not limited to:
Bridging loans
A bridging loan is a short-term credit option for buying new commercial property. It is classified as a short-term option because the money plugs the gap while the sale of an old commercial property is finalised. It helps businesses move to new locations seamlessly without delays within the commercial property market.
Development finance
Development finance is another type of short-term credit option used to build commercial property, usually from scratch but also through commercial property renovations. The loan is then repaid soon after the construction project has been completed through the sale of the commercial space to another business.
Commercial investment mortgages
A commercial investment mortgage is somewhat like a buy-to-let mortgage in a commercial setting. It is used to buy and refinance property that is then rented out to a small or large business. These mortgages are available for commercial properties set within residential buildings as well.
Commercial owner-occupied mortgages
A commercial owner-occupied mortgage is a mortgage taken out by a business owner with the intention of running their business from the property they are buying. These mortgages are seen to be less risky by lenders, allowing them to offer lower rates than alternative commercial finance options.
Blossomfield boasts an experienced team of commercial finance professionals and an extensive understanding of different commercial mortgage and credit options. If you need a team you can trust, speak with Blossomfield today.
Become the next forward-thinking business leader engaging with Blossomfield to access commercial finance. Our experienced commercial finance experts are based in Birmingham, cover the whole of the UK, and will support you through the entire process. Call us today on: 0345 066 6555 or drop in to see us at our Birmingham office.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
SOME BUY TO LET, COMMERCIAL MORTGAGES AND BRIDGING FINANCE ARE NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY.
Blossomfield mortgages were very helpful to me and my partner when we first enquired about whether we were mortgageable to buy our first home. We were very impressed with their professionalism. Best mortgage broker in Birmingham!
Amazing service provided by Blossomfield in a quick and timely manner. No matter what questions we had they were always willing and happy to answer with their wide knowledge and experience. Would recommend Blossomfield to anyone.
Excellent service, quick turnaround, as promised. Will be using again and again. Would highly recommend Blossomfield Mortgages.
Excellent service from Blossomfield Birmingham, they were able to sort a mortgage out for me very quickly and made the whole process simple and stress free, always available when needed and provided regular updates.
I approached Blossomfield regarding a mortgage using there Birmingham branch and the service I have received has been nothing short of amazing their efficiency and passion to get everything done and approved in a professional manor is astounding.
Blossomfield Mortgages provided fantastic advice. Our mortgage approval went through very fast, as our mortgage was handled with the utmost urgency. From start to finish, the whole process was a breeze. We sat back and let them handle all the hard work.