Do you own a business and need funding?
At Reliance Mortgages, we can help you to access finance for your business even if you do not have a property for the funds to be secured against. This is because we have access to lenders who can offer unsecured loans for business purposes.
You can borrow unsecured loan amounts from £5,000 up to £500,000. Our lenders will only take a personal guarantee and there is no debenture required.
This funding is even available for Property Investment/rental businesses. The lender can consider loan sizes typically up to 25% of the turnover and for property businesses this could be used for example to fund the deposit of another Buy to Let purchase.
If you own your own home or another property we have lenders who can assist with loans for start-up businesses secured against one of these properties.
You may also want to explore the Government backed Start-up loan with free business support. Through this scheme, you could borrow up to £25000 to kick-start your new business for 1-5 years and at a fixed interest rate of 6%.
Visit www.startuploans.co.uk for more information
Think carefully before securing other debts against your home or your Commercial Property.