Financial Services in Sheffield
9 Mellor Lea Farm Chase
Monday to Sunday: 24 hours
If you are involved in the building industry or make a living from Property Development and refurbishment then the good news is that funds are available for profitable projects which fit criteria. Property Development and Refurbishment loans are provided from £50K upwards.
A brief synopsis of current key underwriting criteria:
All residential Property Types supported – Houses,Terrace, Mews, Flats
Applications should be supported by good evidence of demand in the local area
If properties are to be retained on completion a long term re-finance option can be provided
Mixed use and Commercial Schemes can be supported subject to a demonstrable demand on completion
Developments should demonstrate sufficient margin to absorb any possible future reduction in the anticipated Gross Developed Value (GDV) of the project.
The borrower or proposed main contractor should have a good CV and be able to demonstrate experience in the sector.
Under normal circumstances we provide loans equivalent to 70% of the estimated GDV of the project however,for experienced developers and if additional security is made available we can often provide funding up to 100% of all site purchase, development and finance costs. We can also introduce Mezzanine Loans secured on a 2nd charge to provide any additional ‘top up' funding.
For free, expert advice to help secure funding for your development project please call us today or submit an enquiry and we will contact you. Our advice is offered freely, in confidence and without obligation.
We are the UK's Bridging Specialists and offer Flexible Loans at rates from 8 % per annum.
If you have a need for a Short Term Loan and need the funds quickly then we can provide funding for any legitimate purpose over loan terms ranging from 1 day to 24 months. Obtaining bridging finance is, in essence, a simple process and loans can be secured on both Residential and Commercial Property Assets and Land / Development Sites. In some cases we can take other assets as security for the loan such as Luxury Cars , Art , Jewellery etc.
Some potential uses:
Buying a bargain property at ‘ Below Market Value ‘
Buy a property which is deemed ‘Un-mortgageable'and requires significant refurbishment.
Moving home before your current property is sold
Buying a property at auction and needing funds quickly to complete on the purchase
Raising cash to buy a Business , Purchase Stock or perhaps buy out a Business Partner
Raising cash to pay a Personal or Business Tax bill
Raising cash to stave off a repossession order
We can move very quickly giving an immediate decision and very often have the loan offer issued the same day. Funds can draw down generally within a matter of days and our experienced team will assist with all the necessary administration and valuations in order to ensure a smooth process.
Please call us today to see how we can help or submit an enquiry and we will contact you shortly
If you are looking to purchase a Commercial Property for your own occupation, via a SIPP as a longer term investment or perhaps you wish to purchase a trading business or re-mortgage an existing property then speak to the experts within our team.
We will provide you ready access to over 50 major Commercial Mortgage Lenders very active in the market who will look to provide a Commercial Mortgage at competitive rates up to 30 year terms. We can provide both capital and interest repayment schemes or ‘easy start' interest only options.
In order to assess your best Commercial Mortgage option we will need to understand more about your business and confirm the ability to repay the mortgage from business profits or other sources of income. In general terms we can offer mortgages up to 75% of the freehold / long leasehold value of the property or business being purchased.
We can also assist with a broad range of Buy To Let Mortgage products on both fixed and variable interest rates. If you are currently occupying a commercial property as a sitting tenant and running a profitable business then we can offer special rates and generally a higher loan to value – please call us for details.
For assistance with obtaining your Commercial / Business Mortgage Facility and Buy To Let Mortgage at the best interest rates and terms please call us today to see how we can help or submit an enquiry and we will contact you. Our advice is given freely, in confidence and without obligation.
If you are looking to buy or start a new business and have a great business plan with the necessary experience then speak to us. There may be a need to buy a freehold property and many businesses will also need support with the purchase of the business goodwill, vehicles, stock and other key assets.
We provide access to the widest range of secured and unsecured finance facilities to help get you started and can also advise on the Government Enterprise Finance Guarantee Scheme (EFGS) and the possibility of acquiring regional grants dependent on your location.
Commercial Mortgages to acquire a trading business
Funding available to cover goodwill, fixtures & fittings and VAT bridging loans
Secured Business Loans and MBO / MBI arrangements
Equipment and Vehicle Leasing for assets valued from £2,000 upwards
Invoice Factoring – Specialist schemes for new start and early stage businesses
For assistance with starting your new business please call us today to see how we can help or submit an enquiry and we will contact you. Our advice is given freely, in confidence and without obligation.
New to Factoring ? You will be surprised at just how effectively a flexible Factoring arrangement can assist your Cash Flow and Working Capital problems. In essence a Factoring facility draws cash quickly in to the business by converting your debtor book into readily available revenue, the security for the advance being the invoice itself.
No matter what the age and size of your business we can normally provide a workable and cost effective Factoring solution to improve the cash flow in to your business at rates often far better than overdraft terms.
Key benefits of a Factoring Solution include:
Up to 85% of the Invoice Value paid to you on issue.
On-line process and cash paid in to your account same day / next day
Facility available to new start business with turnover from just £100K per annum
Bad debt insurance can be included if necessary to give additional peace of mind
Factoring can be offered to most Business types and Industry Sectors
Reduced finance costs over traditional overdraft facilities
Easy to set up and the service can be operational within 7 – 10 working days
We offer free and unbiased advice and will tailor a Factoring and Invoice Finance solutions for clients to meet their exact needs and budget. Our level of service is extremely high which is vital at a time when more and more businesses are finding that they have to look beyond the traditional Bank overdraft to satisfy their increasing cash flow needs. We will provide you a view of the entire market – quickly and efficiently and can implement a Factoring solution without disruption to the running of your business.
For more information and to see how a flexible Factoring Solution can benefit your business Please call us today or submit an enquiry and we will contact you.
We will provide you a fast, competitive quote to lease any capital equipment necessary for the running of your business. This includes Plant, Vehicles, Production Equipment, IT and Telecoms Systems and even ‘Small Ticket' items down to £2K in capital value
Leasing is a tax and cash efficient way of financing equipment for your business, it keeps the asset ‘off balance sheet' and offers the following key benefits:
It provides you immediate use of the asset without paying for it all at once.
It frees up working capital and bank loan / overdraft facilities for business growth.
The Lease contract is structured for the length of time you require use of the asset .
Sale & Leaseback allows you to release capital in assets you already own.
We can provide a solution irrespective of credit history or previous problems.
It offers the most tax efficient structure for your business.
Whatever your requirement for asset, machinery or vehicle leasing consult our expert team for a no obligation discussion, best advice and generally a same day quotation. Please call us today to see how we can help or submit an enquiry and we will contact you.
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