Do you have a client who owns their home and needs funding for their business?
We may be able to help them raise between £25,000 and £500,000 for:
- Purchasing an investment property
- Buying equipment or machinery
- Growing their business
We offer two options, depending on what works best for your client:
Second Charge Homeowner Bridge Loans
- Up to 75% LTV
- Terms of up to 18 months
- Fixed for Term Option with no ERCs
- No income or affordability checks if the interest is rolled up
- AVMs available, subject to criteria and property value
- Free legal fees in England, Wales and Scotland
Second Charge Homeowner Term Loans
- Up to 75% LTV
- Personal income or rental surplus income can used for affordability
- Five-year fixed-rate option with no ERCs
- AVMs available, subject to criteria and property value
- Free legal fees in England, Wales and Scotland
- Net rental surplus can be used for affordability, with no background portfolio stress testing
Lender and broker fees can be added to the loan, and we’ll pay you a 2% proc fee when the loan completes.
Got a case in mind? Just reply to this email or give me a call. I’m always happy to have a chat and see if we can help.
Have a case you’d like to discuss?
ahmad.ali@mercantiletrust.co.
01923280274
Vicky.Osullivan@
01923 280116