Do you have clients who:
- Need funding for business purposes?
- Own their own residential property?
If so — we can help!
We offer 2nd Charge Homeowner Business Loans, ideal for raising capital for:
- Property purchase
- Equipment or machinery
- Business growth
Product Highlights:
Available as:
- 2nd Charge BTL Term Loan
- 2nd Charge Homeowner Bridge Loan
- Loan amounts: £25k – £300k
- Up to 75% LTV
- Lender & broker fees can be added to the loan
- 1st charge lender consent may be required
2nd Charge Homeowner Bridge Loan:
- No income/affordability checks if interest is rolled
- Terms up to 18 months
- AVMs (subject to criteria & value)
- FREE LEGALS in England, Wales and Scotland
2nd Charge Homeowner Term Loan:
- Personal income used for affordability
- A 5-year fixed rate with ‘NO ERCs’ option
- AVMs (subject to criteria & value)
- FREE LEGALS in England, Wales and Scotland
Bonus flexibility:
If your client owns additional BTL properties, we can use their net rental surplus for affordability — with NO background portfolio stress testing!
And for you:
Earn 2% proc fee on completion
If you’d like to discuss a potential case or need more info, just reply or give us a call — we’re happy to help.
Nina.Kainth@mercantiletrust.
Vicky.Osullivan@