"We can help you finance any business you decide to buy not just those sold by Sidney Phillips"
We have seen a number of instances recently where clients have built up borrowings from a number of sources because their own bankers declined to advance further funds to develop the business.
This can be a mixture of credit card and personal loan borrowing often at excessive rates of interest, despite there being good overall equity in the business.
We can arrange to replace all these debts with a term mortgage on competitive interest rates over terms from 5 -30 years which means that not only are overall monthly outgoings reduced but the capital can also start to be repaid.
With funding of up to 70% of the value of the business currently available then where required funding can be available to buy out partner’s interest. Repayment terms up to 30 years available on competitive terms.
By valuing the business before and after refurbishment and improvement it may well be possible to arrange funding of up to 70% of the current value of the business plus a further 70% of the redevelopment cost.
With free of tie discounts exceeding £150.00 per barrel for a reasonably busy wet led pub, replacing brewery borrowing with commercial borrowing may unlock substantial barrelage discounts, far in excess of the extra borrowing costs
Business Mortgage Solutions T/A Sidney Phillips Business Mortgages, is authorised and regulated by the Financial Conduct Authority. Our Firm Reference number is 734594. Not all types of business we undertake is authorised and regulated by the Financial Conduct Authority. Sidney Phillips Business Mortgages operates as an intermediary and is not a principal lender.
Established 1986 - Terms & Conditions
Responsive web design by w3designs