The outbreak of the coronavirus has affected businesses everywhere. Drops in sales, cash flow and supply chain distribution have all been major issues for companies across the globe, and the UK government have been responsive in providing much-needed financial relief in the form of CBILS and Bounce Back Loans.
At Finance 4 Business, we have been very busy helping businesses across the country gain access to the finance they have desperately needed. We have supported our clients from inception to completion, carefully managing their application to support eligibility and sourcing the right lender for their business. However, what’s next for UK businesses?
Preparing for the future
After securing the finance needed to keep business stable over the last few months, now is the time to look to the future and get business moving and growing again. Commercial finance offers business owners the opportunity to do just that, by providing the funds necessary to achieve your business goals.
At Finance 4 Business, we understand that 2020 has been a trying year, but we are always keen to support our clients in navigating through tricky waters. We currently have lenders in the market who are keen to support a variety of industries with the growth and development of their commercial businesses.
We currently have a lender that has uniquely blended a British Business Bank CBILS loan scheme into its commercial portfolio investment proposal to provide a refinance opportunity that allows all legal, lender and valuation fees to be covered by the government. Not only this, but interest will also be paid by the government for 12 months with the opportunity for a 12 month repayment holiday if required. Interest rates exist from 2.71% at 50% LTV and it is even possible to switch current lender early repayment fees into the loan.
You may also be interested in a product with a 10 year fixed rate for commercial investment portfolios. With low rates, you are able to fix your mortgage payments for a decade. This product is available for both purchasing and refinancing.
Finance 4 Business
At Finance 4 Business, we can support you in developing a solution that is bespoke to your personal situation.