Commercial Trading supports small businesses looking to refinance or purchase the premises they trade from – or raise funds for business expansion.
It’s been a month since we launched a new way to support your SME clients through Commercial Trading – combining simplicity with specialist underwriting to help you deliver faster, more flexible solutions.
We’ve also made some improvements to the Broker Hub for Commercial Trading. You can find out more about these updates below.
Keeping things simple and specialist:
- Straightforward criteria focused on affordability and property demand
- Rental income accepted for mixed-use properties
- Streamlined legal process with title insurance for eligible cases
- Fewer documentation requirements for a faster journey to completion
Product Information
- Rates from 6.59%
- Loans from £150k – £1.25m
- 2% arrangement fee
- Variable rates and 2, 3 & 5 year fixed rates available
- 75% Max LTV
- Interest only options
- Broker Partner commission 1.50%
At the end of the initial fixed rate period, Commercial Trading cases will benefit from our new Product Transfer process.
As standard, we require two years’ trading accounts and 3 months’ business bank statements at the point of application.
Full details on rates are available in the product guide, and criteria in our Commercial Property lending criteria guide.
The latest guides are available below for you to download.