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Refinance facility of £2.1m for four commercial properties

Deal Structure

 60% Loan To Value

Interest Rate 3.2% over Libor

1% Arrangement Fee added to loan

5 year committed Commercial Mortgage facility amortised over 100 years

Deal Summary

Our experienced commercial property investor contacted us asking us to look at refinancing his portfolio as his current deal was expiring.

The portfolio consisted of four commercial properties all of which were let out on long term leases to strong companies.

After a short conversation with the client we were able to build a strong proposition which would be attractive to lenders, we were then able to negotiate with lenders on our clients behalf and get him a really competitive deal.

Simon Parkinson

Contact

Simon Parkinson

Quick Enquiry

Positive Commercial Finance is a trading name of Business Financial Solutions Limited. Registered in England & Wales 06451075. Registered office address Warth Business Centre, Warth Road, Bury BL9 9TB. Authorised and regulated by the Financial Conduct Authority (716012). Full members of the NACBF and FIBA. ICO registration reference Z1196910.