The monthly repayment on a commercial mortgage, the loan to value and the total repaid with fees.
The loan is the price less your deposit, repaid monthly over the term at the rate you enter. Loan to value is the loan as a share of the property's value.
The rate starts at 0% until you enter the one a lender quoted.
The loan to value a lender will accept for this property, or the rent or trading cover it will test the loan against.
Finance is subject to status and to the lender’s terms. A personal guarantee makes you liable for the company’s debt if it does not repay, and it can be enforced against your own assets, including your home. Nothing here is a personal recommendation.
A commercial mortgage is a long-term loan secured on premises the business uses or a building let to tenants.
Read more →Buying premises can be done through the company, personally or in a pension, and each changes the tax and the funding.
Read more →The monthly repayment on a business loan, the interest over the term and the total you repay with the arrangement fee.
Work it out →Two loan offers side by side: the monthly payment, the total repaid with fees, and the difference in pounds.
Work it out →Your profit against all your loan repayments, new and existing, as the cover ratio a lender works out.
Work it out →Funding searches run on Swoop’s platform. Swoop Finance Limited is a credit broker and not a lender, and is authorised and regulated by the Financial Conduct Authority (FRN 936513). Buzz Accounting Ltd introduces businesses to Swoop and may receive a fee from Swoop when funding is arranged. Business funding is separate from the financial advice Equity & General Financial Services Limited gives through this website. Finance is subject to status, and a lender may ask a director for a personal guarantee.
If a lender asks you to guarantee the company’s borrowing, our advisers can advise on life cover for that debt.