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The complete lending solution for property investors
Commercial Loans
Commercial Mortgages and loans
Our commercial offering covers a wide spectrum of products and lenders.
Different types of lenders are available depending on the customer circumstances, the property or assets , the business performance and the loan purposes.
Our lenders include the main banks as well as a huge range of specialist lenders for those quirky situations not catered for by the high street.
Whether you need full mortgage advice or just to talk to an underwriter about possible options, there is someone here with many years of experience to help you.
Complete an online enquiry form and we will get in touch to provide some indicative figures to consider.
We are very happy to chat to you about your plans and suggest alternative products and ideas so you get the best possible outcome.
Customers we help
- Business owners with a great business and good credit looking for low rates
- Property investors and developers – purchase or remortgage
- Owner occupied business premises – purchase or remortgage
- Proposals turned down by the high street lenders – poor credit or low income
- Cash flow finance
- Asset Finance
- Invoice finance
Types or purchase, remortgage or capital raising proposals
- Residential blocks of flats, multiple unit block
- Factories, offices and shops
- Semi commercial – shop and flats etc
- Bars
- Bed & Breakfast
- Factory Units
- Farms
- Golf Courses
- Hotels
- Leisure Centres
- Night Clubs
- Nursing Homes
- Public Houses
- Restaurants
As well as commercial and business loans don’t forget we have in house experts and both mainstream and specialist lenders for residential / buy to let mortgages, bridging / development and secured second charge loans.
Remember.
Your bank may have 100’s of products and plans to offer
Promise Money has over 10,000
There really is no need to look elsewhere.
Promise Money is a broker not a lender. Therefore we offer lenders representing the whole of market for mortgages, secured loans, bridging finance, commercial mortgages and development finance. These loans are secured on property and subject to the borrowers status.
More than 50% of borrowers receive offers better than our representative examples
The %APR rate you will be offered is dependent on your personal circumstances.
Mortgages and Remortgages
Representative example
Borrow £270,000 over 300 months at 7.1% APRC representative at a fixed rate of 4.79% for 60 months at £1,539.39 per month and thereafter 240 instalments of £2050.55 at 8.49% or the lender’s current variable rate at the time. The total charge for credit is £317,807.66 which includes £2,500 advice / processing fees and £125 application fee. Total repayable £587,807.66
Secured / Second Charge Loans
Representative example
Borrow £62,000 over 180 months at 9.9% APRC representative at a fixed rate of 7.85% for 60 months at £622.09 per month and thereafter 120 instalments of £667.54 at 9.49% or the lender’s current variable rate at the time. The total charge for credit is £55,730.20 which includes £2,660 advice / processing fees and £125 application fee. Total repayable £117,730.20
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME
REPAYING YOUR DEBTS OVER A LONGER PERIOD CAN REDUCE YOUR PAYMENTS BUT COULD INCREASE THE TOTAL INTEREST YOU PAY. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Promise Money is a trading style of Promise Solutions Ltd – Company number 04822774Promise Solutions, Fullard House, Neachells Lane, Wolverhampton, WV11 3QG
Authorised and regulated by the Financial Conduct Authority – Number 681423The Financial Conduct Authority does not regulate some forms of commercial / buy-to-let mortgages
Website www.promisemoney.co.uk