Bridging Loans
At focusnet.net we offer our clients a variety of different solutions for financing commercial property.
In certain situations we can offer business finance for 100% of the purchase price (or 80% of the property value, whichever is lower) this would be in the form of a closed commercial bridging loan. This would only be available to customers after they have exchanged contracts. Open commercial bridging loans (which available before completing) are available for up to 75% of the property value.
Credit issues such loan defaults, county court judgements, and mortgage defaults are sometimes accepted.
Self Certification or Non status mortgages are available to customers without proof of income.