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.
Applications To Banks For Business Loans Fell In 2016
According to the British Bankers’ Association (BBA), there was a reduction of 9% seen in the number of loan applications received from SME businesses seeking finance from banks last year when the figures are compared with those of 2015. This drop could be due to a number of reasons such as businesses having surplus cash […]more
Residential Mortgage Borrowing Increases In January
Property developers will be pleased to read that in January 2017 gross residential mortgage borrowing by high street banks in the UK increased by 6.3% in comparison to the same month last year. This January such borrowing amounted to a total of £13.8 billion. This information was published by the British Bankers Association (BBA). On […]more
Q3 2016 Sees Slight Net Increase In Borrowing By SMEs
According to data produced by the British Bankers Association (BBA), overall net lending to SMEs in the third quarter of 2016 grew by £0.5 billion. Although this was only a modest increase it was still pleasing to see. The total amount of borrowing to SMEs amounted to £108.5 billion as at the 30 September 2016. […]more
House Purchase Mortgage Approvals Fall In October
According to information provided by the British Bankers Association (BBA), the number of mortgages that were approved by high street banks here in the UK to purchase residential properties in October of this year fell when compared with the same month in 2015. This news may prove disappointing to a number of people /businesses involved […]more
Business Borrowing Increases In July
According to data produced by the British Bankers Association (BBA), July 2016 saw an increase in the amount lent to non-financial businesses by high street banks. This is obviously good news for all those businesses requiring finance of some kind whether it is by way of the likes of a commercial mortgage, bridging loan, business […]more
Borrowing By Businesses Falls In June
According to the British Bankers Association (BBA) that obtains lending data from high street banks there was a drop in the amount lent by banks in the UK in June 2016 to certain sorts of businesses. This is the first time that this has happened this year. Apparently, non-financial companies borrowed £526 million less in […]more
Residential Mortgage Figures Look Favourable
Statistics have been produced by the British Bankers’ Association (BBA) that make for interesting reading in respect of residential mortgage lending. Below we cover some of the highlights of the data. The number of mortgages approved in November 2015 has increased in comparison to the same period last year. There were 44,960 mortgage approvals last […]more