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So much choice for business owners and self employed

We have never seen so many great commercial loans available

With new and existing lenders queuing up make an offer.

And it’s not just the high street lenders – every sector seems to have renewed hunger


  • High street, near prime or adverse cases.
  • Secured on property, assets or unsecured.
  • Established businesses or new starts.

If you are self employed, would raising extra cash or refinancing your existing borrowing on to better terms help you take your business forward?

Here’s some examples of the types of enquiries we are getting at the moment.

  • Refinance development finance on to a term loan 
  • Purchase the property their business is currently renting 
  • Buy, refurbish and move to new premises 
  • Convert commercial property to residential 
  • Buy a new business 
  • Refinance their existing banking or factoring arrangements 
  • Raise cash for stock or expansion
  • Cash flow loans to support business growth in the early years 

Find out what’s available to your business from a commercial and business finance expert at Promise Money


    Find a commercial loan

    Enter some details and we’ll compare thousands of loan plans – this will NOT affect your credit rating.

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    For how long?

    yrs

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    Do you own property in the UK?

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    Latest Articles


    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

    Unsecured Loans

    Representative example

    Annual Interest Rate (fixed) is 49.7% p.a. with a Representative 49.7% APR, based on borrowing £5,000 and repaying this over 36 monthly repayments. Monthly repayment is £243.57 with a total amount repayable of £8,768.52 which includes the total interest repayable of £3,768.52.


    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 04822774
    Promise Solutions, Fullard House, Neachells Lane, Wolverhampton, WV11 3QG

    Authorised and regulated by the Financial Conduct Authority – Number 681423
    The Financial Conduct Authority does not regulate some forms of commercial / buy-to-let mortgages

    Website www.promisemoney.co.uk