Commercial Mortgages

Oak Loans & Mortgages provide a wide variety of different ways of secured lending, this includes commercial mortgages. All our commercial mortgage applications are passed to and processed by a highly skilled and trained company who specialise in this area.

The main advantages of a commercial mortgage are:

• You will retain ownership of your business and your business premises. Raising funds by using any other method may result in you having to give up a percentage of ownership of the business.
• Your business becomes an asset with the potential to increase in value.
• A commercial mortgage usually carries much lower interest rates with repayments made over a longer period of time. It can also be a sensible option for business purposes as it decreases the overall monthly outgoings.
• Commercial mortgage interest payments are tax deductible
• Commercial mortgage payments are generally more desirable than rental payments as they are less prone to large rises.
• Commercial mortgage schedule is set out over a number of years allowing a business to plan its profit and loss and manage cash flow accordingly.

Like most secured loans, a commercial mortgage entitles the lender to have legal claim over the property until the loan has been fully repaid. The commercial property or land can be repossessed and sold if the repayments are not made, in order to repay the outstanding mortgage balance.

Typical uses for commercial finance: public houses, builders/developers, PLC’s / LTD companies, Retail.