Zoom Finance ensures self-employed clients are not hard-hit by traditional lending practices. Whether it's the purchase of new office space or funds to be injected into business, our team makes sure clients get the commercial bridging loan as per their needs. The process is fast and the results are sure.
Here 's something clients needing commercial loans can make a note of. If the property under discussion has planning permission for conversion to a residence property then up to 75% of the market value can be raised. Clients can expect to raise even 100% of the amount in certain cases or with additional security. Residence enhancements, property purchases for investment and even consolidation of debts can be achieved through commercial bridging loans.
Also note the guidelines we follow for structuring Bridging Finance solutions
The property must be based in the UK
The bridging loan must be either the first or second charge on the property
Competitive interest rates are available
Loan terms are available from one day to 12 months
The minimum loan size is £26,000 and the maximum is £10,000,000
There are no up-front processing fees
Loans will be made to individuals or Limited Companies
The maximum loan-to-value ratio is up to 70% for commercial, and up to 75% for residential,
including closed bridging loans Given certain criteria, such as additional security, we will consider loans of up to 100% of the value of the primary secured property
We arrange lending against market value regardless of the purchase price of a property
