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Frost Financial Services |
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NON-STATUS COMMERCIAL FINANCE |
Available for property in England and Wales - First Charge only |
CALL US ON 01702 426389 www.frostfinancial.co.uk |
Minimum Loan - £25,000
Maximum Loan - £500,000
(Loans up to £1,000,000 can be considered)
Loan to Value - 65% based on 90-day valuation
Interest Only
Interest rate from 1.25% per month
Open ended with no term. Exit fee - 3 months' interest
All commercial property accepted except petrol stations & developments
Facility fee - 2.5% (minimum £2,500)
All adverse credit accepted including bankrupts wishing to discharge their bankruptcy from the loan proceeds
Applications welcome from individuals, partnerships and companies. Personal guarantees will be required for company loans Inspection fee - £500 (non-refundable) Valuation fee dependent on property price / estimated value
Lender's legal fee - 1% (minimum £600) Clients will need their own solicitors |
** This is true non-status finance considered on the property value only ** The financial status of the client(s) is not taken into consideration.
All loan offers are for business purposes and can only be secured on property where less than 40% is occupied, or intended to be occupied, by the borrower or their family members. Accordingly, the loans are not regulated by the FCA |
Call us on 01702 426389 to discuss your enquiry www.frostfinancial.co.uk |
Frost Financial Services is authorised and regulated by the Financial Conduct Authority. Registration No: 300133 - Please note that the above loans are not regulated by the FCA |
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cherry and cherryFind are our trading names ('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 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 us.
7765 / 04.05.16
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