Articles About Finance And Refinancing

How a Commercial Mortgage Can Help Your Business

A commercial mortgage or commercial remortgage is a business loan which is secured against a commercial property.

Commercial mortgages are often used to buy business premises, such as offices, shops, restaurants, or pubs.

But they can also be used to buy other business assets such as plant or machinery.

As well as being a useful way of financing the purchase of business premises for a new business, commercial mortgages can also be an excellent way of funding the expansion of an existing business.

A commercial mortgage can also be used to fund investment in land or property which will be used for commercial purposes.

A commercial mortgage can be used to buy most types of commercial buildings, such as shops and offices, for both new and existing businesses.

The interest rates on commercial mortgages tend to be lower than the interest rates on unsecured business loans and the repayment terms are usually longer. This makes them useful for all sorts of business financing requirements.

What About a Remortgage?

If you already have a commercial mortgage on your company's business premises, you might find you could benefit from remortgaging.

A commercial remortgage allows you to unlock some of the equity that is currently tied up in your commercial property. It could also be a chance to switch to a more competitive, cheaper mortgage, especially if your or your company's credit rating and business history have improved since you took out your original commercial mortgage.

The money you free up through a commercial remortgage can be used for all sorts of things for your business. For example, you could purchase additional stock, or invest in new machinery or other fixed assets such as vehicles. Another use for the extra money can be to pay off outstanding bills, or clear other borrowings such as the company's overdraft.

Here are some typical uses for a commercial mortgage or remortgage:

• Borrowing money to buy a shop
• Raising finance to purchase an office building
• Buying a pub
• Financing the purchase of a restaurant
• Buying a hotel
• Buying a house to convert to a Bed & Breakfast (B&B)
• Raising finance to buy an existing business
• Clearing a business overdraft
• Improving business cashflow
• Buying new plant or machinery
• Financing the purchase of company vans and other vehicles
• Borrowing money to buy extra stock for your business
• Funding the expansion or refurbishment of your offices
• Borrowing money to pay for training
• Buying land for business purposes

Further information on commercial mortgages and business loans can be found at the Online Commercial Mortgages website.

Copyright 2004 David Miles. You are welcome to reproduce this article on your website, so long as it is published "as is" (unedited) and with the author's bio paragraph (resource box) and copyright information included. In addition, all links to external websites must be left in place.

David Miles is the editor of a number of personal finance and business websites including The Cash Clinic and Employee Contracts.

Other Article Sites

findabook.com  moneycd.info  a-mortgage.info   about-lemon-laws.info  aboutstudentloans.info
all-about-publishing.info  auctions-articles.info  bestcollege-university.com  bestispconnection.com
biblefolder.com  blogger-website.com  books-used.info  brokers-guide.info  buywindows.info  cable-dsl.info
career-miner.com  carpel-tunnel.info  cashinaflash.info  cashloanreviews.info  casinobell.com  chat-house.info
clearmycredit.info  collegeloantips.info  crones.info  depression-articles.info   dirnic.net  dishguides.info
divers-below.com  expodog.info   financewizz.com  fire-insurance.info  getgood.info  handleit.net   it-idea.info
health-supplies.info  hosting-right.com  insidealert.com  insurance-facts.info  jobs-employment.info
justgood.info  lookgold.net   lowcost-travel.info  money-source.info  myhostzone.info  numisblog.com
peoplesearchfinder.info  pr-articles.info  realeas.com   refinancing-guides.info  spyware-remove.info
telelot.info  the-law.info   toppaid.info  travel-deals.info  travelcorrect.com  wedding-guide-site.com
your-blog.info  your-credit.info

MORE ARTICLES:

Loan Calculator
When a person takes a loan there are times when he tends to forget about the average percentage rate or any other trivial matter. This is where the loan calculators come into place. The loan calculators help estimate your monthly loan payment. It can help you determine the monthly income needed to repay a loan. Loan calculators can simplify the different calculations that need to be performed either while taking a loan or repaying it. Loan calculation is not an easy task. An ordinary person with no experience in calculating interest rates will find it extremely difficult to determine the financial impact and liabilities after taking a loan. This is where loan calculator can be really helpful.

Avoiding Your Credit Card's Universal Default Rate
Many consumers at least have some understanding that their credit report score affects what sort of credit cards they may be eligible for because the level of their credit determines the levels of credit card interest rates Yet, there is something that is not so widely known

Options To Consolidate Credit Card Debt
Consolidate Credit Card Debt

Online, Phone, U.S. Mail or In-Person: Where is Your Credit Card and Personal Identify Safest?
Identity theft is the fastest growing crime according to the Federal Trade Commission (FTC). It occurs when someone takes a piece of your personal information and uses it without your knowledge to commit fraud or theft.

5 Steps to Getting on Top of your Mortgage
Getting on top of your mortgage so you can pay your loan off faster and potentially save thousands of dollars on your home loan is possible with a plan and consistent effort. There are mortgage reduction strategies that you can put into place that will ensure that your loan is paid off more quickly without putting a huge strain on your current budget.

Can A Guaranteed Approval Credit Card Really Help If You Have Bad Credit?
Once you get into a situation where your credit is no longer recognized as being acceptable, you begin to find that it can definitely put your life on hold. You need some way to be able to start rebuilding your credit and you are wondering how. Although there are more ways than one, one effective way is to get a guaranteed approval credit card. Here is how it can help you get a better credit rating.

Online Home Mortgage Loan - Pros and Cons You Should Know
Home mortgage loans can be obtained from brick and mortar lending companies As long as such lenders are established and recognized in their field, there surely will be no problem getting a home mortgage loan from them

ProQuo Launches First Free Web Site for Helping Consumers Manage Credit Card Offers
Innovative Service Enables Consumers to Stop Wasteful 'Pre-Approved' Offers; Find the Card That Truly Matches Their Needs.

Tips For Accepting Credit Card Payments On Your Web Site
Accepting credit card payments on your web site is very important if you want to increase sales. Many people are less trusting of web sites that do not accept credit cards, because it makes your web site appear less professional. Also you will possibly lose business, because a person might want to make a purchase immediately, and can only use a credit card to do so. If they have to wait to mail a check or a money order, then they might decide that they do not need your product that badly after all. Once a person decides to make a purchase you want to make it as easy as possible for them to complete their intended purchase.

Secured Loan Got Us A Home Of Our Own!
When my wife and I discovered that she was pregnant we became frantic. Where we lived at the time wasn't exactly the size required for a young family! We needed a starter home; a place for our child to grow up. We wanted to buy somewhere that wasn't too big but equally allowed us the space to have a room for our child when she was born.

PayByCash Accepts cashU Internet Payment Cards, Extending Payment Options to the Middle East and Northern Africa
Today PayByCash? (Internet Payment Solutions, Inc.) announced it now accepts Maktoob's cashU internet payment cards for online digital merchants. CashU is the largest internet payment provider in the Middle East, and is available in 28 countries. With its nearly 70 payment providers, as well as acceptance of currencies throughout the world, PayByCash? provides merchants global customer reach to over 230 countries.

CreditCardsPlus.com Unveils Redesigned Website for One-Stop Credit Card Shopping
Newly enhanced design enables consumers to easily search, compare credit card offers and apply for credit cards all at one website. The present economic climate prompted the need for change, efficiency and simplicity.

New Home Mortgage Loan Process: How to Go About
Acquiring a new home mortgage loan requires the borrower to follow and perform certain procedures This ensures getting the best and most appropriate mortgage for the borrower

One Legal LLC - Electronic Court Filing Firm - Hires Jerry O'Connell as Vice President of Finance
Leading court filing firm, One Legal, adds to management team as it expands services nationally.

A Short History Of The Mortgage
Most people know what a mortgage is, due to the fact that many people have one. But, do you know how the mortgage itself came about? Here is some basic history on the mortgage and where it came from: