Types of Business
Pubs, hotels, guest house, shops, restaurants, garages, nursing homes, rest homes and generally any type of retail or wholesale enterprise. This finance is applicable for the purchase of assets by a company i.e. factories, offices, warehouses etc. and for the purchase of commercial and domestic properties to be let out as investments.

Types of Mortgage
Most commercial mortgages can be tailored to suit the circumstances of the proposed borrower, be it an individual, Partnership or Limited Company. Capital and interest repayment, or endowment or pension, or even company pension schemes are available as alternative methods of repayment.

Levels of Advance
In the case of businesses comprising a property, goodwill and fixtures and fittings, the maximum that can be arranged is up 100% of the price or value of the business with additional security or, up to 80% of the price or value without. Sitting tenant purchases can be arranged to a maximum of 90% of purchase price. There are no minimum loans but those under £25,000 tend to attract higher rates of interest.

Repayment Terms/Interest Rates/Fees
The normal repayment term is up to 25 years. Interest rates can be varied or fixed. In the case of the variable rates they are linked to the Bank, Finance House or Building Society base rates or LIBOR and will vary from 1% over Bank Base.