Commercial loans and mortgages
The first port of call for almost every business is to its current bank. As we all know, High Street Banks are great but don't always meet the requirements of each and every business customer.
At Wright and Lord Financial Services, we have access to an extensive panel of commercial lenders, based throughout the UK, that we use to source the most suitable business loan for our client.
Here's our simple process, that will help almost every client get the funding they require:
Conduct Fact Find
Our comprehensive fact find covers all aspects of your project - from the amount of money you require and the period of time you're looking to borrow it for. We then ask specific questions based upon the project. e.g. If you're looking to remortgage or buy a new property, we'll ask questions relating to the property value and your experience in the business sector. For leasing and rental, we'll ask specifics about the return of investment on behalf of the lender.
Discuss your project with appropriate Lenders
Each lender has their own merits and their own conditions. We work directly with Lenders, so we know exactly what type of client they are looking for.
Condition Offer / Approval in Principal
Once the Lender has reviewed your project, and are happy with the initial background information, we have then a Conditional Offer of Application in Principal available for our clients.
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