Do you need a Commercial Mortgage

Looking for a commercial mortgage

Do you really need a French commercial mortgage as in many cases it’s not necessary?

Developments and other ventures are extremely difficult to secure through the banks, so we use investors and Commercial Lenders in France to bridge this type of finance.

You need to understand that these investors and Commercial Lenders are not mainstream banks and need assets to secure such lending.

Re-mortgages on commercial properties

For those whom are looking to buy a property as a B & B then it’s not necessary to apply for a commercial loan as apart from it being very expensive it’s also a tax burden as most people buy such properties as residential properties and do rentals as a part time business.

French Commercial Investors

We also have some investors whom are interested in investing in companies with worthwhile projects from 1,000,000€ to 150,000,000€
Requirements

1.    They will be seeking tangible assets of 50%
2.    Good business plan
3.    Good bank references
4.    Good background

FEES including investors charges can range between 3 to 7%

Lending

•    Investment Companies
•    French Banks
•    Offshore Banks
•    Private Individuals

Cost

This all depends upon the funding, if its a small construction loan or something similar, we charge a minimum fee of 1% on completion.

For larger projects between 1,000,000 to 25,000,000 the investor and brokers will also charge which will be between 3 and 7% depending upon the risk

For further details, contact Robert