Commercial Bridging Finance – A Comprehensive Guide For Property Uses

By on 5 May 2024   /   Blog  
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Commercial Bridging Finance – A Comprehensive Guide For Property Uses

About Us Platinum Global Bridging Finance is a distinguished high-net-worth finance broker. We specialize in providing tailored financial solutions, including Property Bridging Finance, Development Finance, Single Stock Loans, Margin Stock Loan, Crypto Finance, Crypto Loans and Commercial Property Finance tailored to meet the diverse needs of our clientele seeking robust financial lending solutions.   Other Financing Options We Offer International Bridging Loans | Expat Mortgages | MUFB Mortgages | Portfolio Mortgages | United States Mortgages | Universal Life Insurance | Expat Life Insurance | Expat Health Insurance | Crypto Financing | Securities Backed Lending | Pre IPO Loans | OTC Stock Loans | Aircraft Financing | Unregulated Bridging Loans | Share Portfolio Loans | 144 Restricted Stock Loans   Related posts: How Property Bridging Finance Can Facilitate Residential and Commercial Property Purchases What Is The Process of Obtaining Commercial Property Finance What Is Commercial Property Financing Used For In Property European Banks Still Lending On European Commercial Property How UK Property Bridging Loans Can Assist With Short Term Financing

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What Is Commercial Property Financing Used For In Property

By on 26 April 2023   /   Blog  
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What Is Commercial Property Financing Used For In Property Commercial property financing refers to the process of obtaining funding or capital to purchase, develop, or renovate commercial properties. Commercial properties are real estate properties that are used for business purposes, such as office buildings, retail spaces, industrial warehouses, hotels, and multifamily apartment buildings. Commercial property financing plays a crucial role in the real estate industry, as it enables investors and businesses to acquire and leverage properties to generate income, build wealth, and expand their operations. There are various reasons why commercial property financing is used in the property industry: Property Acquisition: One of the primary purposes of commercial property financing is to acquire commercial properties. Commercial properties are often expensive and require a significant amount of capital to purchase. Many investors and businesses do not have the full amount of cash on hand to acquire commercial properties outright, so they rely on commercial property financing to provide the necessary funds. This allows them to leverage the property’s potential for income generation and appreciate in value over time. Property Development: Commercial property financing is also used for property development purposes. Property development involves acquiring raw land and developing it into commercial property, such as constructing a new office building, retail centre, or hotel. Property development projects require substantial capital to cover land acquisition costs, construction costs, and other associated expenses. Commercial property financing allows developers to access the necessary funds to finance the development project and bring it to completion. Property Renovation: Another use of commercial property financing is for property renovation or improvement. Commercial properties may require renovations or upgrades to maintain their value, attract tenants, or comply with building codes and regulations. Renovations can include structural repairs, interior renovation, or upgrading building systems such as HVAC or electrical. Commercial

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What Is The Process of Obtaining Commercial Property Finance

By on 21 January 2023   /   Blog  
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What Is The Process of Obtaining Commercial Property Finance Commercial property finance is a type of loan used to purchase or refinance commercial real estate. These loans are typically provided by banks, non-banks, and other financial institutions. The terms and conditions of commercial property finance can vary depending on the lender, but generally, the loan is secured against the property being purchased or refinanced. The process of obtaining a commercial property finance loan typically starts with the borrower providing the lender with information about the property and their financial situation. This may include information such as the property’s location, size, and condition, as well as the borrower’s credit score, income, and debt-to-income ratio. Based on this information, the lender will assess the borrower’s ability to repay the loan and the value of the property. If the lender determines that the borrower is a good candidate for a loan and the property is a good investment, they will offer a loan at a certain interest rate and with specific terms and conditions. The interest rate for a commercial property finance loan can vary depending on a number of factors, including the lender, the borrower’s creditworthiness, and the type of property being purchased or refinanced. Generally, commercial property finance loans have higher interest rates than residential mortgages because they are considered to be higher risk. There are several types of commercial property finance loans available, including: Traditional term loans: These are the most common type of commercial property finance loan and are typically used to purchase or refinance commercial real estate. They are usually offered with fixed or adjustable interest rates and have terms of several years. SBA loans: These loans are backed by the Small Business Administration and are typically used by small businesses. They have more favourable terms and conditions

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European Banks Still Lending On European Commercial Property

By on 14 September 2020   /   Blog  
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A new report by real estate experts Cushman & Wakefield surveyed 50 European banks and found that most of the respondents (95%) will still offer commercial mortgages for borrowers purchasing European commercial property, reported PropertyWeek.com in October 2016. Following the June vote to leave the European Union, some feared that this would result in non-British banks refusing to lend to UK borrowers. The volume of loans was down in the first six months of 2016, but this was true across Europe and was probably not caused by Brexit. The report is optimistic about the future, with four fifths of lenders expecting loan levels to either remain the same or increase during the next few months. A director of Cushman & Wakefield, Edward Daubeney said: “Our survey shows that Brexit is having little impact on market sentiment from a lending perspective and the fundamentals remain encouraging. There remains a clear focus on good quality, well-let assets with lenders more focused on increasing lending on pre-let developments in second tier cities over secondary assets. Where development finance is available, it’s for pre-let developments with experienced developers.” The report showed that loan-to-value rates have fallen below 60%. Interest rates on commercial mortgages remain low. The Bank of England recently reduced its base interest rate and Peter Praet, chief economist of the European Central Bank said that the bank is committed to low interest rates until his inflation goals are met. About Us Platinum Global Bridging Finance is a distinguished high-net-worth finance broker. We specialize in providing tailored financial solutions, including Property Bridging Finance, Development Finance, Single Stock Loans, Margin Stock Loan, Crypto Finance, Crypto Loans and Commercial Property Finance tailored to meet the diverse needs of our clientele seeking robust financial lending solutions.   Other Financing Options We Offer International Bridging Loans |

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