Commercial Purchase
Ways to raise additional capital towards a business purchase
- Secured loans: You can raise any shortfall against properties already owned, either with a re-mortgage or a second charge loan (this can be either your own home or investment properties). This is an attractive option as the loan term can be extended much further than an unsecured loan which reduces your monthly costs. Secured loans are also typically available at lower interest rates than unsecured finance.
- Asset and invoice finance: If you own another business then it’s possible to raise additional funds against your existing business’ equipment, machinery, and inventory with asset finance, or against your current debtor book and invoices due in the form of invoice finance.
- Unsecured loan: Securing unsecured funding through banks can be difficult when buying a business. Typically, this will only be available when buying a well-established business with a proven track record, and if you have a strong CV in the same industry.
Morgan Financial Solutions work alongside a number of trusted partners and master brokers in order to source the most suitable deal for you. After an initial consultation, and with your permission, your details will be passed to the master broker who can best fulfill your needs and they will guide you through the process to completion.