Commercial Finance Mortgages

What is a commercial mortgage?

A commercial mortgage is a bespoke loan designed for businesses and investors seeking to purchase or refinance commercial properties, such as office buildings, warehouses, retail spaces, or multifamily units. Unlike residential mortgages, commercial mortgages are tailored to the unique needs of the business world. These loans typically have longer terms, often ranging from 5 to 25 years, and may have variable or fixed interest rates. They provide crucial financial support for acquiring, expanding, or maintaining commercial real estate assets, facilitating business growth and stability in the UK.

What is a business loan?

A business loan is a financial product designed to provide businesses with a lump sum of money, which is then repaid over time with interest. At OpenDoor Mortgages, we assist businesses in finding the right loan by utilising our extensive network of lenders and financial expertise. We connect businesses with lenders that offer loan products tailored to your business's specific needs, simplifying the borrowing process and ensuring you secure the financing necessary to thrive and expand.
What is a semi-commercial mortgage?

A semi-commercial mortgage is a specialised type of loan designed for properties that have both commercial and residential components. These properties are typically a combination of commercial space, such as a shop or office, and residential space, such as flats or apartments. Semi-commercial mortgages are tailored to the unique financing needs of these mixed-use properties, allowing borrowers to purchase or refinance them. They are commonly used for properties like shops with flats above, where both commercial and residential income streams contribute to the overall property value and rental income. This type of mortgage enables investors and businesses to acquire and manage such versatile properties in the UK.
What is asset finance?

Asset finance is a financial arrangement enabling businesses to acquire essential assets, like equipment, machinery, vehicles, or technology, without a substantial upfront payment. Instead of outright purchases, businesses can obtain these assets through finance providers, who lend the necessary funds. Regular payments, typically monthly instalments, are made over an agreed-upon period. This approach helps manage cash flow, acquire necessary equipment, and maintain competitiveness without capital lockup. Asset finance, available in forms like hire purchase, finance leasing, and operating leasing, offers flexibility tailored to your business needs, and our expert brokers are ready to assist in finding the ideal solution.