Interest-Only Commercial Mortgage

Our Interest-Only Commercial Mortgage goes beyond being a mere funding choice; it acts as a growth catalyst. By opting for this mortgage, you can achieve various goals, including obtaining new properties, enhancing existing business premises through renovations, confidently expanding to multiple locations, releasing capital for business requirements through remortgaging, and acquiring crucial assets like motor vehicles and machinery.

Property Development Finance | At a glance
Loan AmountUp to £750,000
Loan FeaturesInterest-only up to 24 months
Security1st charge basis
LeverageUp to 65%
Interest RateStarting at SONIA + 7%

Eligibility Requirements:

  • The company must be a Limited Company registered in the UK and generate more than 50% of its income from trading activity.
  • Must be using the facility to obtaining new properties, enhancing their business premises through renovations, confidently expanding to multiple locations, releasing capital for business requirements.
  • Minimum turnover of £350k per annum evincible through latest filed accounts or management information.
  • At least one Person of Significant Control (PSC) must be a homeowner.
  • Any CCJs must be settled or in the process of being settled.
  • The business must have a minimum of 2 years trading.

Interest-only repayment structure and no exit fees upon settlement.

Property Commercial Mortgage

Application Requirements

  • Limited Company Requirement: Borrowers must be a limited company.
  • Valuation: A RICS valuation for the property to be funded is required.
  • Financial Statements: Submit the latest filed financial statements.
  • Application Form: Completed Momenta Finance application form.

Recent Borrower Success Stories

Supporting UK-based SMEs is what we do.

Frequently Asked Questions

What Can an Interest-only Commercial Mortgage be used for?
  • Acquire a new property
  • Elevating owner-occupied business premises through refurbishment
  • Expand to multiple locations with confidence
  • Remortgage to release capital/equity for business needs
  • Save on existing loans with favourable terms
  • Acquiring motor vehicles, machinery, and other essential equipment
What documents are required to apply for this loan?
  • Application Form: Complete the application form to initiate the process.
  • Limited Company Requirement: Borrowers must be a limited company.
  • Valuation: A RICS valuation for the property to be funded is required.
  • Financial Statements: Submit the latest filed financial statements.
What is a RICS evaluation?

A professional assessment of the market value of property or land, taking several factors into account.

What is SONIA?

The Sterling Overnight Index Average (SONIA) is an interest rate benchmark.

Why Choose
Momenta Finance

Small business loans are what we do, all day, every day. Our specialist team from account management through to credit understand businesses just like yours and want them to succeed.

We are a member of the Federation of Small Business (FSB), Consumer Credit Finance Association, Association of Alternative Finance Brokers and a Patron of the National Association of Commercial Finance Brokers (NACFB). We are also registered with the Financial Conduct Authority. This means we adhere to their codes of practice and are uncompromising, in our principles and practise ethical and responsible lending at all times.

Good to know

Momenta Finance acts as both a lender and a broker. Where we act as a broker, we receive a commission from the lender. This does not impact the final amount that you pay for borrowing.

Get started on funding your business today 

Reach out to us at 0800 848 8480 or contact@momentafinance.co.uk
to register as an Introducer, or request a quote to see how we can help you achieve your goals.