Mercantile Trust Have a Client Looking for a Business Loan?

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.co.uk    01923 280297 | 07562 209858

Vicky.Osullivan@mercantiletrust.co.uk 01923 280116