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| Advertisement by Promise Solutions |
We have 14 secured loan lenders
Why choose a master broker which only has 6?
Exclusive - Highest LTV in the market for adverse/self employed clients
Plus - Some of the best loan rates available for heavy adverse applicants |
PLUS BRIDGING AND SHORT TERM LENDING
It's not just for property lending - Residential Bridging replaces a development loan.
A broker was looking for a short term development loan for his client to obtain, refurb and then remortgage a semi commercial property. We proposed a second charge bridging loan on the borrowers main residence at a rate of 0.95% per month which enabled him to do everything he wished faster and cheaper.
Bridging loan on agricultural property delays HRMC.
This introducer had a client who was about to be forced to sell his house undervalue by HRMC to pay outstanding VAT. We obtained offers for a bridging loan on agricultural property to keep HMRC at bay so the main residence could be marketed properly at full value.
Invoice factoring covers payroll and saves reputation.
Our introducer's client urgently needed to raise £20K to payroll his business whilst he waited for a slow payer on a large outstanding invoice. With no equity he had limited options and not paying his staff was not an option. An invoice factoring solution was proposed allowing our brokers client to borrow against his outstanding invoice and cover the temporary short fall.
Loan secured on car pays tax bill.
Outstanding tax is a common purpose for a loan, especially at this time of the year. The borrower had no available equity but only needed the money short term. A short term asset loan secured on his car was cheaper than a traditional bridging loan and despite there being no fees involved for the borrower, the broker still earned a 8% commission.
Money needed in days to secure lucrative business deal.
Our client needed to raise £30,000 in a few days to invest in bankrupt stock which he knew he could resell quickly and make very substantial profits. To avoid fees and exit charges he offered his car as collateral for a three month loan making the whole deal cheaper and faster than a bridging loan secured on bricks and mortar. |
Call Promise Solutions or see loan summary below
Tel: 01902 585052
 
Place more loans and earn more commission
- Range of 2nd charge loans from £5000 to £3million
- Trading only 6 months – up to 85% LTV with bank statements
- Exclusive- S/E - no A/C's, bank statements up to 75% LTV – best elsewhere 65% LTV
- Exclusive- Unlimited adverse up to 75% LTV - Best elsewhere 65% LTV
- Semi Exclusive– low rate adverse - £100 per month cheaper than nearest competitor on a 10 year £30,000 loan
- Higher income multiples or alternative affordability calculators
- Benefit income, pensions and part time income accepted
- Short term loans, bridging finance and loans secured on assets
- Loans for business purposes, to clear IVA’s or pay off tax bills
- 2nd charges on BTL’s
- Rates from 7.9%
- LTV’s up to 85%
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cherry, cherryFind and cherryaidfs are trading names of cherry UK Limited ('cherry') Registered Office: The Stables, Little Coldharbour Farm, Tong Lane, Lamberhurst, Tunbridge Wells, Kent TN3 8AD. Registered in England and Wales. Company Registration Number: 05624666. VAT Number: 874593966
DISCLAIMER - Please note that cherry (UK) Ltd. never recommends the products or services of other companies and in making contact with, or accepting contact, products, services or advice from any individual, company or adviser, you agree, without exception, that no accountability in respect of resultant damages, incurred by you or by others, rest in any way with cherry (UK) Ltd.
6253 / 14.02.12
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