Frequently Asked Questions
Below are some commonly asked questions about commercial loans.
If you have other questions that aren't answered on this page, please email us or call us on 0808 132 50 50 and we will answer any questions you have, no matter how big or small.
- How much can I borrow with a commercial loan?
- How much will it cost?
- How long will it take to get my money?
- Can I repay my commercial loan early?
- Can I cancel a commercial loan application?
- Are there any up-front fees?
- How long does it take to get a decision?
- How confidential is my commercial loan application?
- What if I have a question that is not answered here?
How much can I borrow with a commercial loan?
You can borrow from £5,000 to £1,500,000
If you have a request that is outside this range we may still be able to help on a referral basis. Please contact us and we will do our best to help you.
How much will it cost?
The interest rate you pay on your commercial loan will reflect your personal circumstances. Why not call us now to find out what your commercial loan rate would be?
How long will it take to get my money?
When you apply for a commercial loan from us you can expect to receive the cheque in as little as two weeks.
However if your commercial loan requirement is more urgent we can achieve an even quicker completion. Just let us know.
Can I repay my commercial loan early?
Yes you can repay your commercial loan early. You may be required to pay an early repayment charge. Please refer to your loan agreement or mortgage illustration for details.
Can I cancel a commercial loan application?
You can cancel your commercial loan application at any time up to completion, however if you have paid a valuation fee this will not be refundable.
Are there any up-front fees?
The only fee's that will be payable upfront is a valuation fee and in certain circumstances a booking fee. These fees will only be payable once we have found the most suitable product for you, and you decide to proceed. Until then the service is completely free.
How long does it take to get a decision?
If you apply now, we could call you back in minutes. We will give you a decision, in principle, straight away and could send out your commercial loan documentation today. You'll be under no obligation, and no salesman will call at your home. The final approval of your commercial loan rests with your lender. We are confident that as long as the information you provide is accurate, the commercial loan will be completed on the original terms discussed. However, until the commercial loan is finally approved you should not enter into any agreements on the assumption that the commercial loan will be completed.
How confidential is my commercial loan application?
100% confidential. We treat all applications in the strictest confidence and at no time will we contact your employer or bank except with your permission. Clearly, the selected commercial loan provider will need to contact your bank to arrange the direct debit for your repayments.
What if I have a question that is not answered here?
Contact us and we'll be happy to help. Call us free on 0808 132 50 50
Mr Brown wanted to develop a property portfolio. He arranged his first buy-to-let mortgage with Central Capital Commercial and we've helped him with every property since. Mr Brown now has a portfolio of 16 properties, which provides a great income and potential capital growth.