Our experience in this sector extends to hotels, guest houses, public houses. restaurants, and golf clubs.
One of the challenges facing the leisure industry is the imposition by banks of national criteria. In other words they ignore the localised factors which make most such businesses in this area a lesser risk than the national average. As a result many such businesses are hampered at being unable to raise sufficient working capital for their needs. They are also overcharged.
For businesses that need to maximise their borrowing we arrange business mortgages to 85% of the property value.
For businesses looking to make savings we arrange owner occupier business mortgages from 1.25% over bank base. Interest only arrangements are available.
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