Property finance can be simply described as a business loan that is secured by using a residential or commercial property as collateral. This funding option can be utilised to provide the capital required to achieve your progression plans. These loans can range from £25,000 to in excess of £5m.

How it works

Unlike some other finance options, securing property funding can be a slightly lengthier process. Whereas some invoice financing funding for example can be available in as little as 48 hours, Property funding can take up to two to three weeks. This is due to the fact it is often more complex in its nature and therefore it’s important you have all the necessary information available and have enlisted the services of a good solicitor before you make your application. This will ensure your application is processed as quickly as possible. Once your documentation has been submitted, a valuation of your property will take place and once approved, funds will be released.

Who can apply?

Property funding is a viable finance option for businesses of any age, as long as you have a residential or commercial property and your business is registered in England or Wales.

What will I need to provide?

Much like other funding options, the documentation required is relatively simple and in order to make an application you will primarily need:

3 months business bank statements

Business Management Accounts

If you are a start up company, a business plan and cash flow forecast will be required

How can a property funding solution help your business?

A property finance facility can be used to provide working capital for your business, to acquire new premises, facilitate growth or simply to cover any unexpected bills that have arisen.

The finance is structured in a manner that satisfies your cash flow demands and enables you to broaden your business with peace of mind.