FAQs

Q: How much can I borrow on a commercial mortgage?

A: Straight Finance can arrange finance from £50,000
 up to £20 million depending on what security is available.

Q: What if I have been declined by another lender such as a high street bank?

A: No problem. Whilst we do arrange finance with traditional high street lenders,
we also source finance from other specialist lenders who will frequently offer
finance despite you being declined elsewhere.

Q: What are your typical interest rates?

A: There are no typical interest rates in the commercial sector. At Straight Finance,
we ensure that we will source the most competitive finance that suits your
particular circumstances.

Q: What if I have or my business has existing CCJ’s or arrears?

A: This is often not a problem. Our lenders need to know this but will
look at the business case for your finance application.

Q: What accounts information do you need?

A: If you have full accounts then this can mean we are able to arrange a
lower rate of interest. However, if you do not have accounts, just have
incomplete records and no business plan then we can offer a self-certification
of income facility.

Q: How long does it all take?

A: If you have all the information readily available then just a few weeks otherwise your personal case manager will help you through the whole process ensuring the fastest route to funding.

Q: What can I use the finance for?

A: There are no restrictions on how you use the money raised.

Q: What types of business do you finance?

A: We finance all types of business including factories, farms, garages, guest houses, land sites, nursing homes, offices, pubs, restaurants, shops, warehouses and many more.