I was looking for a buy to let product for several properties, and as with any busy businessman I needed to get the right deal sorted quickly. From my initial conversation with PBM Finance through to completion, I found the team very efficient with up to date market information. It made a refreshing change to be able to deal with someone outside of “normal” business hours which helped to speed up the whole process. I would certainly use PBM again in the future.
N Ashraf Manchester
A Commercial mortgage can be used for either expanding a persons existing company or just to simply start a new business project. It is indeed a very helpful loan for all businessmen, who do not have the required finance to purchase a property for their company. They can buy an office building, an apartment complex, and retail outlets for their company. A Commercial mortgage loan will provide the sufficient money for them to expand their business quickly.
The premises they purchase will be used as a form of collateral to the lender. This is used as collateral just in case the business cannot pay the mortgage repayments. It will enable the lender to take away the ownership of their commercial property that they have mortgaged. However the borrower will be able to have certain benefits from using these commercial mortgage loans. They will be charged low interest rates and have a flexible repayment time. These loans have fewer hassles and are easily obtainable. The requirement of these mortgages will depend on the size as well as the structure of the company.
Why Use Us?
I would just like to say a big thank you to Lee who has recently dealt with my mortgage application. I was kept up to date all the way through the process which I found very helpful. As this was my first experience of getting a mortgage, I appreciated his patience and how well he explained the options to me. I would not hesitate to get back in touch with PBM Finance in the future and have already recommended them to a friend.
J Oliver – Whitley Bay