When starting up their business in 2003 clients acquired the freehold of a commercial property with a view to improving its fabric and trade. This was an expensive exercise for them as the lender they approached charged them high fees (both at draw down and on repayment) and a high margin.
The client subsequently approached Commercial Financial Services to seek a re-mortgage of the property to improve their working capital position and reduce costs by consolidating other loans.
Commercial Financial Services used its experience and contacts to source a new lender who provided 25% more funding at a margin 3% lower than the existing debt. These cost savings reduced the term by 10 years and additionally resulted in lower monthly repayments saving the business a considerable amount of money.
A property investor owned commercial premises with a relatively low level of debt attached. He approached Commercial Financial Services to seek to maximise the release of equity from the property to enable an expansion of his existing property portfolio.
Commercial Financial Services were able to arrange long term funding on an interest only basis at low cost. The client was then able to use the funds raised on his behalf to acquire a further site at a good price, which guaranteed the investor a capital profit from day one.
An established Leisure Business approached Commercial Financial Services to aid the finance of their expansion into a new site. The existing bankers whilst supportive did not, according to the client, understand either the business or the goals of the owners.
Commercial Financial Services undertook a detailed strategic and financial assessment of the business including a review of business strategy and the generation of trading projections. Using this detail Commercial Financial Services were able to introduce a new Bank who both lent the money required for the new site and reduced the margin charged by 2%.
The client was very happy with the assistance provided by Commercial Financial Services which enabled the business to expand and move forward whilst reducing monthly repayments and generating higher profits.
If you wish to discuss any of your needs please do not hesitate to contact us and we will be happy to discuss your requirements.