http://www.articletrader.com/ Articles at ArticleTrader en-us http://www.articletrader.com/business/more-young-people-securing-commercial-mortgages.html http://www.articletrader.com/business/more-young-people-securing-commercial-mortgages.html Thu, 18 Oct 2007 00:00:00 -0500 commercial mortgages

Recent surveys have revealed that the number of business start-ups founded by people under the age of 25, has grown by 15% (compared to other age groups at 6%) in 2007. Amongst the most popular start-up types for these young entrepreneurs were construction, high street service sector (such as hairdressers), leisure and restaurants.

This trend has been mirrored with similar increases of young entrepreneurs using commercial mortgages and secured business loans to fund the capital they need to start these businesses.

Why should young people take out a commercial mortgages instead of renting?
Taking a commercial or business mortgage allows you to own an asset (the business premises) which may appreciate in value. When the time comes to sell, you could have realised a capital gain.

What are the main advantages of a commercial mortgages

Retain your business - raise the business finance you need without have to relinquish a percentage of the ownership of your business (as you may have to do through other channels)

Capital Gain - Property rises in value. If you buy yours with the help of a business mortgage, you could financially benefit from this when you sell. Tax deductible - Commercial mortgage interest payments are tax deductible Stability - Mortgage payments are generally more desirable than rental payments as they are less prone to large, non-index linked rises. Better cash flow management - a business mortgage schedule is set out over a number of years allowing a business to better plan for the long term

Also, rental payments are generally regarded as more volatile and are more likely to experience drastic increases. Commercial Mortgages therefore offer greater stability and allow for more stable long-term business planning as long as interest rates do not rise too significantly

Michael Thommes, Managing Director of leading commercial mortgagesspecialist General Finance Centre, explains: “We are increasingly lending mortgages to younger people. We often find that many have accrued debts during their further education, have bad credit ratings, and therefore have been turned away by high street lenders. However, we at GFC are able to help these entrepreneurs despite their bad credit or other application rejections due to the flexibility of our commercial mortgage and business lending products.”



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I write for and behalf of General Fianace Centre General Fianace Centre

Source: http://www.articletrader.com ]]> http://www.articletrader.com/business/uk-business-resilience-to-us-sub-prime-credit-crisis.html http://www.articletrader.com/business/uk-business-resilience-to-us-sub-prime-credit-crisis.html Thu, 18 Oct 2007 00:00:00 -0500
Results from a survey conducted by a large high-street bank, business confidence amongst UK firms actually significantly increased in September 07.

The vast majority of firms surveyed were expecting their business activity to increase over the next year. The industrial and service sectors recorded particularly high levels of business confidence, with encouraging forecasts of business activity over the next 12 months.

Businesses in the UK still continue to borrow too. The numbers of SMEs utilising commercial mortgages, and other business finance products such as: asset financing and invoice discounting has steadily increased throughout 2007. Recent concerns over the US sub-prime market have not curbed this trend. Indeed, more commercial mortgages, providers are trading in the UK than ever before, such is the demand they need to satisfy.

What are the main advantages of a commercial mortgage?

Retain your business - raise the business finance you need without have to relinquish a percentage of the ownership of your business (as you may have to do through other channels)Capital Gain - Property rises in value. If you buy yours with the help of a business mortgage, you could financially benefit from this when you sell. Tax deductible - commercial mortgages
interest payments are tax deductible Stability - Mortgage payments are generally more desirable than rental payments as they are less prone to large, non-index linked rises. Better cash flow management - a business mortgage schedule is set out over a number of years allowing a business to better plan for the long term.


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I write on behalf of General Finance


Source: http://www.articletrader.com ]]> http://www.articletrader.com/finance/credit/factoring-can-help-with-late-payments.html http://www.articletrader.com/finance/credit/factoring-can-help-with-late-payments.html Wed, 22 Aug 2007 00:00:00 -0500
Recent surveys have suggested that there are growing concerns amongst UK SMEs over the increasing trend in late payments.

After further research conducted by a leading credit information company highlighted that businesses were now taking over two months to pay their bills (on average), which was an increase of nearly two days since 2006. It appears the problem is getting worse and that late invoice payment is a deeply-embedded trait of UK business culture.

Many commercial finance providers are urging SMEs affected by late payments to look to Factoring to release cash tied up in pending payments. Factoring is a flexible type of business loan which allows a business access to cash as it issues new invoices. A Commercial Mortgages specialist or factoring company will lend a certain percentage of the value of that invoice (normally up to 85%). It will then collect the invoice which when becomes due, gets paid back to the issuing company. The commercial mortgage specialist or factoring company will then charge a small percentage of the value of the invoice, and interest (of course) on the borrowed money.

In many cases, the release of cash from tied up invoices allows businesses to pay suppliers sooner and negotiate further discounts on this basis. Michael Thommes, MD of large Commercial Mortgages provider General Finance Centre, also points out that “many companies prefer to use a factoring or invoice discounting facility over an overdraft, as the advance can be comfortably increased in line with your business’ successful development”.

Visit General Financecash_flow_finance.htm to find out more on how to release cash from your business’ invoices.

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I write for and behalf of General Finance Centre

Source: http://www.articletrader.com ]]> http://www.articletrader.com/finance/investing/diversifying-to-commercial-mortgages-requires-skill-and-knowledge.html http://www.articletrader.com/finance/investing/diversifying-to-commercial-mortgages-requires-skill-and-knowledge.html Wed, 22 Aug 2007 00:00:00 -0500
Despite the continued upward trend of prosperity of Britain’s SMEs (underlined by the fact that year-on-year the amount of commercial mortgagesin the UK is rising), it appears as though it is at a price… longer hours!

On average, British entrepreneurs are working 47 hours a week. Entrepreneurs in Yorkshire and Humberside are clocking up the highest average hours with 50 per week. This is naturally affecting holiday time taken, with an average of 16.5 days per year taken by British entrepreneurs – 3.5 less than the statutory minimum for UK employees of 20.

These are the results of a recent survey conducted by Bank of Scotland Business Banking, investigating the work-life balance culture of Britain’s small business managers. The overwhelming statistic stimulated from their survey, highlighted that 54% of the respondents found the running of their business:
a) stressful
b) had a negative impact on other aspects of their lives (health, home life etc…)

However, it appears as though, for many, stress is the price you pay for success. Those small business finance managers and owners whose firms were growing at over 10%, the average working week was 51 hours – 4 hours more than the UK average of 47 per week!


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I write for and behalf of General Finance Centre href=http://www.generalfinancecentre.com>General Finance Centre

Source: http://www.articletrader.com ]]> http://www.articletrader.com/finance/mortgage/bad-credit-mortgages-no-problem.html http://www.articletrader.com/finance/mortgage/bad-credit-mortgages-no-problem.html Tue, 21 Aug 2007 00:00:00 -0500
With Simply Mortgages bad credit mortgages and adverse credit mortgages. If you have a poor credit rating, have been issued a CCJ, have defaulted on payments or have claimed bankruptcy or voluntary insolvency, finding the best poor credit mortgages to suit your needs can be difficult.

Simply Mortgages Bad Credit Mortgages shortens the process of finding cheap poor credit mortgages by having sourced the best UK bad credit mortgage lenders and making these available to you.

Gone are the days of repeating your details time after time over the phone or typing details into many different websites. With Simply Mortgages its quick and easy to find the best product and it will take only minutes. If you don't find the cheapest CCJ Mortgage then simply we have not done our Job.

With access to a wide range of products that cover all circumstances we have the capability to find something to match your individual requirements. So relax and let us do the legwork to help you find the solution to your mortgage needs. We will also now pay your standard Legal Valuation Fees.

This is against difficult US and European stock markets that seem to be entering a Volatile time, and this is set to continue for the short to medium term. The question is how will this impact on the UK Mortgage market. The full implications are not yet known but here at simply mortgages principles remain the same that we are here to help in getting you the best Self Certification Mortgage, bad credit mortgage, CCJ Mortgage or just simply Fast Home Loan advice.

If you are looking for UK Mortgage Advice then Simply Mortgage should be the first point of contact. We have trained advisors that are looking to help you arrange that First Time Buyer Mortgage . First time buyers suffer twice normally they have little or poor credit ratings and to a arrange a mortgage product can be difficult. This is again where simply mortgages can help again in finding you the correct product in this volatile time. I can not answer if know is the best time to buy, that decision is to you.


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For and Behalf of Simply Mortgage Simply Mortgage

Source: http://www.articletrader.com ]]> http://www.articletrader.com/finance/loans/night-club-finance-and-commercial-mortgages.html http://www.articletrader.com/finance/loans/night-club-finance-and-commercial-mortgages.html Mon, 20 Aug 2007 00:00:00 -0500
At General Finance Centre, we’ve provided numerous secured lending packages for people looking to acquire and run night clubs across the UK. We’ve also provided commercial finance for bar owners looking to remortgage their existing premises. This is an excellent solution if you are looking for business finance or from General Finance Centre.

Many lenders are unwilling to lend night club owners the amounts they need as typically (with public houses and restaurants) they have some of the highest failure rate among new businesses in the UK. GFC however, will always endeavour to secure your desired borrowing amount:

• Credit problems & Self Certification accepted
• Night club loans from £25k to £5m
• Immediate decision in principle
• Cash could be available within 2 weeks!

We’ve helped many night club owners stabilise their business with the right business mortgage deal. Whatever the business status of your night club – we’ll make it our business to finance yours. This is a great reason to contact us, even if you are only thinking about finance why not contact us and talk to one of our tried advisors to see how they can help your business expand and grow into the success that we all want it to be.

This is could be an exciting time if you are a nightclub owner looking to open new premises, expand or just looking to start your business. The market is growing but with young people ever increasing fever and demand to enjoy themselves the market seems to have a lifetime of growth, but you have to keep it fresh. Every 3 years it maybe worth updating your nightclub or venue, I have seen far too many places open and close in the 1st 3 months because they have not got their marketing right. Without it you will be dead in the water.

Again this is where General Finance Centre can help you with easy and simple procedures for you to get your cash from a commercial Mortgage and we are a great source of new business finance for all night club owners.


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I write for and behalf of General Finance Centre.

Source: http://www.articletrader.com ]]> http://www.articletrader.com/finance/mortgage/bridging-loans-for-commercial-use.html http://www.articletrader.com/finance/mortgage/bridging-loans-for-commercial-use.html Mon, 20 Aug 2007 00:00:00 -0500
At General Finance Centre, we offer our clients flexible finance solutions to our customers, so they can secure the business premises they need with the commercial Mortgages which is right for them.

On occasion, we can also offer business finance for 100% of the purchase price (or 80% of the property value ,whichever is lower) in the form of a closed commercial bridging loan. Closed bridging loans can obviously only be offered to those applicant who have exchanged. We can also offer open commercial bridging loans (available before completing) for up to 75% of the property value.

Bridging Loan is a type of loan that is used to cover shortfalls between buying one property and selling another; or to cover businesses between funding shortfalls.

A good example of when you might need a bridging loan would be if you're poised to buy a new property but are let down on the sale of your existing one. therefore to buy the property or commercial property you are looking for you will often need a Bridging Loan to cover the time period from selling your first property.

It's basically a very short term commercial mortgage Like a mortgage, it's a loan that is "secured" against property

Bridging loans available from £30,000 to £10,000,000

Non status or Self Certification facilities are available to customers without income proof

Credit problems such as mortgage arrears, loan defaults or county court judgements are sometimes accepted

Offer of loan maybe released within 24 hours upon receipt of full application form, valuation reports and financial information.

Example of a recently completed commercial bridging loan:
1) The client purchased commercial investment property at £3,750,000.
2) The sale is negotiated with a third party to complete in three months time at £6,600,000.
3) 100% of purchase price (£3,750,000) was approved by the bank at 4% over base rate.

Call us on 0800 019 5178 or complete the enquiry form on this page to find how we can help. Remember, whatever your business or status, our aim is always to say yes.



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I write for and behalf of General Finance Centre

Source: http://www.articletrader.com ]]> http://www.articletrader.com/finance/mortgage/commercial-mortgages-for-public-houses.html http://www.articletrader.com/finance/mortgage/commercial-mortgages-for-public-houses.html Mon, 20 Aug 2007 00:00:00 -0500
If you are looking to acquire and run pubs across the UK, as part of a chain or as a sole trader or landlord. We’ve also provided commercial finance for pub owners looking to re-mortgage their existing premises. Its important to grow your buisness and a commercial mortgage with General Finance Centre. This is an excellent why to grow your business and provide New business Finance for public houses for expansion, re-fit, bar modernisation, uplift or face lift or simply adding a gig area or restaurant to the property, General Finance Centre commercial mortgages are their to help.

Many lenders are unwilling to lend publicans the amounts they need they have some of the highest failure rates among new businesses. That’s why so many current and ‘would-be’ publicans come to us! We understand that if you do not get the right support

At GFC, we’ve helped pubs secure finance for numerous reasons:
To refurbish their existing premises
To expand their premises to include restaurants
To diversify into accommodation market
To acquire additional pubs to expand their business / chain
To get a better business mortgage deal

General finance Centre has become experts in securing pubs the right commercial mortgage for their circumstance. We will get you the right loan for an excellent rate in the best timescales possible. Our aim is to help your business grow and we provide all the support to allow you to do that, in being flexible and helpful with our service.

Customers enjoy certainty because of the very close working relationships which we have with the major underwriting managers of all the major lending institutions across the United Kingdom. GFC slogans "whatever your business, we will make it ours to finance yours" and "flexible and personal our aim is always to say yes" were designed to make customers and others with whom we deal aware of the flexibility that GFC is able to apply to loan applications.

We will always endeavour to secure your desired borrowing amount:

Credit problems & Self Certification accepted
Pub mortgages from £25k to £5m
Immediate decision in principle
Cash could be available within 2 weeks!

Whatever the business status of your Pub – we’ll make it our business to finance yours.

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I write for and behalf of General Finance Centre

Source: http://www.articletrader.com ]]> http://www.articletrader.com/finance/mortgage/get-a-uk-mortgage-despite-your-ccj.html http://www.articletrader.com/finance/mortgage/get-a-uk-mortgage-despite-your-ccj.html Sat, 04 Aug 2007 00:00:00 -0500
Luckily, there are many ways to get mortgages UK with CCJs. This is not always the easiest thing to do, but you should not give up on your dream of owning a home because you have a country court judgment against you. Instead, your main goal should be to find a UK mortgage company that specializes in this area.

When you get a mortgage UK with CCJ you should be aware of some details. First and foremost, your interest rate is probably going to be higher than the industry average. This is something that the lender does in order to protect themselves from losing money. Even though they trust you enough to give you a loan, they may be a bit concerned about your ability to repay it due to your past CCJ.

The best way to find mortgages UK with CCJs is to shop around to every lender imaginable. There are many lenders who are just aching to do business with people like you, so the only thing that you have to do is find them. This can be done easily enough online.

All in all, you can get a UK mortgage even if you are dealing with a county court judgment. Sure, a CCJ is a bad thing, but you should not let it ruin the rest of your life. Go out and get the home of your dreams even if you have had some financial difficulties in the past.

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UK Mortgages, Simply Mortgage will find the best UK mortgage deal to suit all circumstances, the UK mortgage experts at Simply Mortgage can take the hassle out of arranging your mortgage, Simply Mortgage provide a whole range of mortgages.
http://www.simply-mortgage.com/

Source: http://www.articletrader.com ]]> http://www.articletrader.com/finance/mortgage/tips-for-securing-a-uk-mortgage.html http://www.articletrader.com/finance/mortgage/tips-for-securing-a-uk-mortgage.html Sat, 04 Aug 2007 00:00:00 -0500
Here are three tips to follow if you are in need of a UK mortgage. They should help you find whatever you need despite your financial and personal situation.

1. The more UK mortgage lenders that you get in touch with, the better off you will be when choosing one to work with. Keep in mind that not every UK mortgage is the same. You will want to shop around for the best terms, which includes everything from length to interest rate.

2. Do you have bad credit? How about a CCJ? If so, this does not necessarily mean that you will not be able to secure a UK mortgage. But what it does mean is that you will have to shop around a bit harder. There are many lenders who are willing to work with people with less than perfect finances. But you need to find them before you can actually start the mortgage process.

3. There is no reason to feel pressured into a UK mortgage. You should take your time until you find the lender that is giving you the best deal. It is essential that you get what you want out of your UK mortgage. If you do not, you will find yourself regretting it as your loan wears on.


These three tips will help you to secure a UK mortgage. This holds true no matter if you have perfect credit or you have had trouble in the past. Generally speaking, there is a lender out there for every buyer. All you have to do is track them down!

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UK Mortgages, Simply Mortgage will find the best UK mortgage deal to suit all circumstances, the UK mortgage experts at Simply Mortgage can take the hassle out of arranging your mortgage, Simply Mortgage provide a whole range of mortgages.
http://www.simply-mortgage.com/

Source: http://www.articletrader.com ]]>