2nd October 2023

Navigating Your Business Expansion – Commercial Mortgage

Are you thinking about growing your business? Maybe you’re looking to purchase or upgrade your office space. If your business is thriving and you’re in need of new premises, we’ve got you covered.

A commercial mortgage is a specialised loan designed for businesses that currently own their trading premises or are looking to purchase new or additional business premises, it is tailored to meet the unique needs of this type of commercial property financing.

Exploring Our Interest-Only Commercial Mortgages:

We take a personalised approach, using manual underwriting to consider the bigger picture and provide tailored finance solutions for our clients. Here’s what you can expect from our Interest-Only Commercial Mortgages:

  • Loans of up to £750,000
  • 24-month Term
  • Interest-only for the full term
  • Up to 65% Loan-to-Value (LTV)
  • No exit fees
  • Interest rates starting at 7.5% + SONIA

Is an Interest-Only Commercial Mortgage the right solution?

If you already own your trading premises and need to access equity for various reasons like boosting cash flow, renovating the building, purchasing assets, or expanding your business, our commercial mortgage might be the perfect fit. 

If you’re looking to buy your trading premises from the current landlord or acquire new ones to expand your business, our team can help.

Here’s why it might be ideal for your business’s growth plans

  • Flexibility for Long-Term Goals: An Interest-Only Commercial Mortgage provides a more extended loan term, typically 24 months, allowing you to plan for your business’s future without the constraints of shorter-term financing options.
  • Interest-Only Payments: With this mortgage, you’ll only pay interest throughout the loan term, freeing up valuable working capital for other aspects of your business.
  • Bullet Repayment: When the loan matures, you can efficiently settle the principal amount with a bullet repayment, ensuring a smooth and manageable exit strategy.
  • Competitive Terms: Momenta Finance offers competitive interest rates starting at 7.5% plus the Sterling Overnight Index Average (SONIA), making it an attractive financing option.

Quick Funding Turnaround: In the fast-paced business world, time is of the essence. Our Interest-Only Commercial Mortgages are designed for a quick turnaround, with most loans processed in less than four weeks.

How to apply for an Interest-Only Commercial Mortgages 

To get started, complete and submit an application form. We’ll then assess the property’s value and conduct legal due diligence. If approved, you’ll receive a mortgage offer. 

To apply, you will need to supply the following documents:

We’re is committed to helping you navigate the world of commercial property finance. If you’re ready to expand your business, purchase office space, or upgrade your premises, our team is here to guide you through the process and provide the financial tools necessary to propel your business forward. 

Contact us today to explore how our Interest-Only Commercial Mortgages can be tailored to your unique business needs. Your future success begins with the right financing choice.

About Momenta Finance

Momenta Finance, formerly Merchant Money, is a leading provider of alternative finance solutions headquartered in London, United Kingdom. Established in 2013, Momenta offers a panorama of lending options, including unsecured and secured business finance, bridging and cash advances. The company’s commitment to transparency, tailored and credible funding has made it a trusted partner for businesses seeking financial support. Momenta Finance is accredited by the British Business Bank and upholds the highest industry standards.