We're here to help you find financing on terms that suit:
- Secured business loans from £26,000 - £150,000
- Flexible terms from 1 to 5 years
- No early repayment charges
- Dedicated broker support and competitive introducer fees
- Quick decisions
- Fast funds release
- Free business mentoring available with every loan
- Various property types accepted
- Can be a first, second or subsequent charge
- Eligibility criteria: UK business, trading for two years, minimum turnover £100k
Release equity in multiple property types
To calculate the available equity offered as security, the following adjustments are made:
- For residential property, the value is calculated as 90% of the market value.
- For commercial property, the value is calculated as 75% of the market value.
- Where the property is co-owned (e.g. spouse) and the co-owner is not a director/ shareholder of the borrower, the available equity is pro-rated. All properties must meet the minimum criteria of:
– Minimum value – £75,000
– The property must be freehold, or, a long-term lease (75 years or more)
– Situated in England or Wales
- 4% arrangement fee is payable
- Applicant must cover Newable legal expenses of up to £1,500
- Introducer commissions paid in line with your existing arrangements with Newable
Are you a broker or financial intermediary?