Business Loan Now

Apply for a Business Loan online with Business Loan Now

Have you been refused a commercial mortgage or remortgage with your high street bank?

If so we can help!

Here at Business Loan Now, we have experienced and dedicated staff who are able to process your commercial loan application with efficiency and confidentiality assured.

Business Loan Now specialise in TRUE SELF CERT COMMERCIAL MORTGAGES.

No lengthy interviews or bank visits required
Self certification of income available
No accounts or business plans required
CCJ's and defaults? All circumstances are considered
We offer market leading rates up to 85% LTV
100% LTV available (with additional security)
Advances from £50k to £2m
Affordable payment options
10 - 30 year terms and 3 year interest only available
Many property types considered
Fast decisions
Prime and sub prime products available

Clients Best Suited

Limited companies, developers, property companies, small businesses, sole traders and new business start-ups
Clients with no accounts or business plan
Clients requiring funds fast
Clients with adverse credit - we have products to suit all circumstances

ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Latest News

Latest News from Business Loan Now - The Charlbury Group expands into commercial mortgage/business loan arrears visits

The Charlbury Group has expanded its nationwide team of field agents to offer commercial mortgage/business loan field visits to help lenders and business loan managers gather information on commercial mortgages and business loans in arrears.

The team will compile reports containing information gathered from both desk-based research and field visits. Such visits will be able to report on key information from as simple as whether the business is open and still trading to more in-depth information gained from an interview with the borrower.

At this visit the agent can obtain copies of the accounts, details of trading figures and the reasons for the arrears.

Paul Duckworth, director at The Charlbury Group said:

“The importance of local knowledge when deciding what course of action to take with a commercial mortgage or business loan in arrears has never been more important. The challenge for business loan lenders without a nationwide network of staff is that when a borrower does not answer phone calls or respond to letters there is little option but to proceed down the repossession route."

"We're finding that lenders are struggling to find enough people 'on the ground' to make contact with borrowers."

“Our role is to gather as much information on the business as possible and pass this back to the business loan lender. Armed with this information, the lender or business loan manager can make an informed decision about how best to proceed and take the most appropriate action."

"Our agents are also tasked with making contact with the borrower and confirming how and when communication between themselves and the business loan lender can be established.”

Latest News from Business Loan Now - AMI supports stamp duty proposals - 3 February, 2010

The Association of Mortgage Intermediaries (AMI) has voiced its support for Conservative plans to raise the current stamp duty threshold to £250,000.

Robert Sinclair, AMI Director, said: “The current Stamp Duty regime distorts the market and prevents first time buyers from getting a foot on the property ladder.”

“The Stamp Duty holiday last year was a welcome piece of common sense from Government. And the Conservative plans to raise the Stamp Duty threshold to £250,000 would provide a welcome boost to many first-time-buyers and also provide assistance to first time movers in many parts of the country. This would do much to support the housing market.”

”However, what we urgently need is a more fundamental review of this antiquated tax.”

This could also have a general knock-on effect on other forms of finance being more readily available such as secured loans, business loans and bridging loans.

Latest News from Business Loan Now - More Barclays cash available for SMEs

Barclays has announced an extra £88 million in business loan funding to lend to SMEs through the Enterprise Finance Guarantee (EFG), which was introduced during the downturn to help more businesses get finance.

The scheme enables Barclays to make business loans available to viable businesses that, because they cannot offer sufficient security to meet normal commercial business loan lending, would not otherwise be able to get the finance for their business to survive and grow.

Barclays has already made available over £150 million in EFG business loans in the last year, or almost one in every four EFG business loans across the UK.

Steve Cooper, managing director of Barclays Local Business, said: "Time and again over the last year EFG has proven to be a superb way to support worthy businesses in the form of business loan finance. We’re a big believer in EFG - through it we’ve been able to assist over 1,650 businesses with business loans.

"The new business loan funding we’re announcing is going to continue that good work, to help more businesses become successful and help pull the UK out of recession.

"Enterprise Finance Guarantee covers a key gap in the market - companies that are viable, perhaps even strong, but could not get a business loan because they do not have sufficient security."

Trade, Investment and Small Business Minister Lord Davies said: "The Enterprise Finance Guarantee has helped thousands of viable businesses access the business loan finance they need to withstand the recession and prepare for recovery. Following its recent extension, it will continue to play a vital role in encouraging enterprise and investment and driving productivity and growth throughout the UK economy."

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