A secured business loan backed by residential or commercial property up to £20m. Repayments are based on an interest-only agreement that is paid monthly and then the loan is usually refinanced as a term loan, at the end - either with Nucleus, or another lender.
Due to the nature of all Property Finance products, the time it takes from application to funding with an interest-only term loan varies, but is typically two to three weeks. To speed up your application, make sure you have employed a capable solicitor prior to application and have your documents readily available.
You identify that your business needs finance and make an enquiry.
you a call
We call you for a consultation and confirm that your business is eligible.
You send us your documents and we send you an offer.
We complete a valuation on the property that you own.
Once all the legal work and documents have been completed, you receive funding.