Buying your business premises

An owner-occupier commercial mortgage is used by a business to buy the premises it trades from, or to refinance premises it already owns. It can also be used to raise capital against premises owned outright.

How lenders assess them

Lenders will assess the trading accounts and affordability of the business, the strength of its management, and the value and type of the property. Repayment and interest only options may be available, and personal guarantees from the business owners are commonly required.

Owning rather than renting

Owning your premises can bring stability, protection from rent increases and an asset on the balance sheet, although it also ties up capital. We will help you weigh the options and find terms that fit your business plans.

Expert advice

SM Finance’s specialist team will take the time to understand your plans and approach the lenders best placed to support them, from high street banks to specialist funders. Call us on 020 4511 9511 to discuss your requirements.

Your property may be repossessed if you do not keep up repayments on your mortgage.