Business loans are needed for a variety of functions including preparation for growth or other expansion, to capitalise equipment, raw materials or services or to simply ease cash flow or other financial pressures during a period of transition for the business. A business loan is a good option for a business to consider during these or other anticipated times of change.
Lenders often secure business loans by taking a charge over the freehold property or other assets owned by the business. In return for this security, the lender generally puts together a finance package that is attractive and suits the needs of the business. Loan terms of five, seven or ten years, along with competitive rates of interest, make such loan packages ideal for many small businesses when faced with change.
Freehold business premises are ideal security when making arrangements with a lender for a business loan. Unlike leasehold, freehold gives the lender the security required for the loan and the lender will normally take a first charge over the freehold property.
DIY Funding can help you use your business's freehold assets to obtain a loan at an attractive rate and at the right terms. have over 20 years experience as an independent business finance specialist and our experience in the industry is invaluable. Our clients use our funding pack to make direct contact with the major UK lenders who are able to provide our clients businesses with the infusion of capital they need.
DIY Funding acts independently on your behalf. We are not associated with any particular lending institutions or specific banks. Our clients benefit from this independence by being able to choose from a range of lenders, the one that is best suited to their business.
With one low-cost fee, the Pack offers many advantages over traditional mortgage brokers. We do not charge brokerage fees. Our clients pay only for the DIY Funding Pack itself.
Everything you need to successfully apply for a mortgage is included in our funding pack, a comprehensively detailed set of lending contacts and other information and guidelines regarding the structure of your loan. You benefit from our direct industry contacts and our experience of over 20 years in commercial funding. We are certain that you'll find our service exceptionally helpful when it's time to apply for your loan.
