You are probably aware that there are numerous commercial lending schemes available so it is important that the correct one is chosen to meet the needs of your business. In this respect, in this section of our website, you will find information about a number of lending schemes that we trust you find of benefit.
So, if you are looking to purchase some commercial premises with the help of a commercial mortgage or invest in new machinery supported by a business loan you have started your search in the right place.
Please select a service from the list below for more information.
Increase In Lending To SMEs
According to UK Finance’s figures, the amount lent on a gross basis to Small and Medium-Sized Enterprises (SMEs) in the 9 months to 30th September 2020 amounted to £54 billion. Apparently that was more than twice the amount that was lent to SMEs here in the UK throughout the whole of 2019. Obviously, the coronavirus […]more
Large Reduction In Bridging Finance In 2020
It is probably not a surprise to read that the amount lent by way of bridging finance in 2020 dropped significantly here in the UK when comparing the figures with 2019 according to statistics published by Bridging Trends. So, let us look at the figures in Bridging Trends infographic in a little more detail. The […]more
Government Publishes Coronavirus Business Loan Scheme Statistics
You may be aware that last year the government here in the UK put in place some lending schemes to help certain businesses that have been affected in a negative way because of the coronavirus pandemic. We thought we would share with you some of the statistics relating to some of the lending schemes as […]more
Have You Taken Advantage Of A Business Loan Repayment Holiday?
There are many thousands of small. medium and large businesses in the UK that have suffered financially due to the coronavirus. For instance, you may be the owner of a restaurant that has had to close temporarily due to the pandemic. If you have a business loan in place then you may still be able […]more
Gross Bridging Lending Increases In Q3 2020
There was a big rise in the total gross bridging lending figure in Q3 2020 when compared with Q2 2020. One of the reasons for this may be due to the relaxation by the government on how much stamp duty is payable at the moment. Until 31 March 2021, on residential properties sold for a […]more
Increase In Balances Outstanding On Residential Mortgages In September 2020
According to figures produced by the Building Societies Association, the level of balances outstanding on residential mortgages here in the UK in September 2020 rose to £1,478,188 million. This was an increase when compared with August 2020 when the figure was £1,472,734 million. Banks and building societies accounted for £1,312, 402 million. Other specialist lenders […]more
Gross Lending To SMEs Drops In Q1 2020
According to the Business Finance Review published by UK Finance earlier this year, the amount of gross lending to SMEs (Small and Medium Sized Enterprises) fell to £5.6 billion in the first three months of this year when compared with the last three months of 2019 when the figure was £6.1 billion. That equates to […]more
Large Fall In Bridging Advances In Q2
It will probably not come as a surprise to read that the amount of new money lent by way of bridging loans in the second quarter of 2020 fell significantly when compared with the first quarter of this year. One of the reasons for this will no doubt be due to COVID-19 that may also […]more
When Is A Business Overdraft Facility Cheaper Than A Loan?
As a general rule, the interest rate charged by a bank or building society for a business overdraft is higher than for a business loan. Therefore, you probably think that you will end up paying more interest on an overdraft facility than a loan. Well, this is not always the case but why? Let us […]more
Residential Mortgage Lending Statistics Make For Interesting Reading
The Financial Conduct Authority (FCA) has produced some statistics relating to residential mortgage lending. Below we provide some of the information that we thought you may find of interest. At the end of the first quarter of 2020, the outstanding amount of residential mortgages stood at £1,509 billion. This figure was 3.9% more than at […]more