Commercial Finance
Commercial lenders return to market after Covid
Specialist whole-of-market lending solutions structured across 90+ UK lenders. Rapid decisions, direct underwriting criteria, and competitive terms for complex borrowing requirements.
- Whole-of-Market Access: Over 10,000 specialist lending products
- Fast Completion Speeds: Dedicated broker underwriting for time-sensitive deals
- FCA-Authorised Guidance: 35+ years independent UK credit brokerage
Commercial mortgages return to Pre Covid underwriting criteria
Many brokers & borrowers think the commercial mortgage market’s closed
That’s not the case
There’s plenty of opportunity if you know where to look.
Here’s a brief update on how lenders are currently thinking
COVID has made commercial mortgages far harder, with some lenders virtually pulling out or being very picky about which sector they will support. However, new lenders have entered the market and this announcement from Barclays is massively encouraging, and will surely set the pace for others to follow.
Could you promote commercial lending more with the fantastic news that leading lenders have returned to pre-Covid underwriting criteria?
Do you have clients in any of the sectors below?Could your turn your enquiry’s to commission income with no further involvement from you?
Page which others have found useful…
Commercial lending under Covid
NOTE: Below is an indication of what’s available from just one lender.
Others offer different LTV’s and terms with very different risk appetites. We have a massive choice of high street and specialist lenders.
Dental
- Max 100% LTV against the freehold. Longest term of 25 years .
- Max 80% LTV against goodwill. Longest term of 15 years. Capped at £1m (£1.25m for London & SE) or £1.5m for three sites or more.
Pharmacies
- Max 90% LTV against freehold practices. Longest term of 15 years.
- Max 80% LTV against goodwill practices. Longest term of 15 years.
GP Surgeries
- Max 100% LTV against freehold practices. Longest term of 20 years.
Specialist Care
- Max 80% LTV against Alternative Use valuation. Longest term of 15 years.
Supported Living
- Max 55% LTV against Alternative Use valuation. Longest term of 15 years.
Elderly/Residential Care
- Max 55% LTV against going concern valuation. Longest term of 15 years. Minimum 2 site operators charged.
Opticians
- Max 60% LTV against trade related valuation. Longest term of 15 years.
Vets Practices
- Max 100% LTV against VP value OR 90% LTV against operating concern value. Longest term of 25 years.
Manufacturing
- Max 80% LTV against VP value. Longest term of 20 years.
Key Criteria & Application Guidance
Day Nurseries
- Max 70% LTV against going concern value. Longest term of 25 years but dependent on requested LTV (25 years for <65% LTV).
Agriculture
- Max 80% LTV dependent on sub sector. Longest term up to 25 years.
Business Services (Architects, Estate Agents, Business Consultants)
- Max 70% LTV against VP value. Longest term of 15 years.
Contracting
- Max 60% LTV against VP value. Longest term of 15 years.
Retail
- Max 65% LTV dependent on sub sector. Longest 15 years.
Hotels/Guest Houses/B&B’s
- Max 55% LTV against going concern value. Longest term of 15 years.
Pubs & Restaurants
- Max 55% LTV against going concern value. Longest term of 15 years.
Takeaways
- Max 70% LTV against VP value. Longest term of 15 years.
Residential Investment
- Max 65% LTV against VP value (4 properties minimum charged). Longest term of 25 years.
- Max 70% LTV against VP value (Ltd Co BTL 1-3 assets). Longest term of 25 years.
Commercial Investment
- Max 55% LTV against VP value (3 properties minimum charged). Longest term of 15 years.
NOTE: there are other lenders offering better / worse terms – Pick up the phone and talk to us.
Latest Articles
Whole-of-Market Guidance for Commercial Lenders Return
Securing competitive terms on commercial lenders return requires expert underwriting knowledge. In addition, our specialist broker team works directly with over 90 specialist lenders across the UK.
Consequently, reviewing your commercial lenders return options with an FCA-authorised specialist credit broker ensures whole-of-market access while avoiding unnecessary fees and delays.
Key Takeaways: Commercial Lenders Return Summary
Additionally, commercial property valuations can often be expedited, significantly reducing upfront costs and surveyor delays.
Furthermore, specialist commercial lenders assess affordability based on business trading potential and asset equity.
Consequently, trading businesses and commercial investors can secure competitive rates across 90+ UK specialist lenders.
Therefore, working with Promise Money ensures you compare optimal rates and terms for your borrowing needs.
Specifically, flexible repayment options—including interest-only and capital-and-interest structures—can be tailored to protect your cashflow.
Moreover, facility agreements can be structured with clear redemption terms to support future business expansion plans.
In addition, semi-commercial and mixed-use properties can be financed without high street retail banking restrictions.
Crucially, borrowers facing historic credit blips or complex accounts can secure competitive commercial terms through our panel.
Understanding Market Rates & Repayment Terms
In practice, working with experienced commercial solicitors prevents administrative hold-ups and keeps legal fees completely transparent.
Above all, establishing verified trading projections and robust lease agreements ensures smooth facility approval.
As a result, business owners and property investors retain complete control over operational cashflow and property assets.
After all, independent whole-of-market guidance ensures you never pay unnecessary arrangement fees or higher interest margins.
Meanwhile, commercial facilities can be secured across multiple premises to maximize borrowing capacity effectively.
Indeed, rapid decision turnaround gives you the confidence to negotiate decisively on commercial acquisitions.
Finally, clear illustrations provide total transparency regarding arrangement fees, interest rates, and loan terms.
Unlike rigid clearing banks, specialist commercial lenders provide pragmatic flexibility when conventional channels decline.
Fortunately, bespoke commercial structures allow equity release while keeping existing favorable loan facilities in place.
Understanding Market Rates & Repayment Terms
Ultimately, dedicated case managers coordinate directly with lenders and valuers to keep your completion on schedule.
Similarly, specialist lenders assess overall business profitability and asset security rather than automated credit scores.
Because commercial finance criteria varies significantly across lenders, whole-of-market broker access guarantees optimal results.
Specifically, flexible repayment options—including interest-only and capital-and-interest structures—can be tailored to protect your cashflow.
Moreover, facility agreements can be structured with clear redemption terms to support future business expansion plans.
In addition, semi-commercial and mixed-use properties can be financed without high street retail banking restrictions.
Crucially, borrowers facing historic credit blips or complex accounts can secure competitive commercial terms through our panel.
In practice, working with experienced commercial solicitors prevents administrative hold-ups and keeps legal fees completely transparent.
Lending Considerations & Next Steps
Above all, establishing verified trading projections and robust lease agreements ensures smooth facility approval.
As a result, business owners and property investors retain complete control over operational cashflow and property assets.
After all, independent whole-of-market guidance ensures you never pay unnecessary arrangement fees or higher interest margins.
Meanwhile, commercial facilities can be secured across multiple premises to maximize borrowing capacity effectively.
Indeed, rapid decision turnaround gives you the confidence to negotiate decisively on commercial acquisitions.
Finally, clear illustrations provide total transparency regarding arrangement fees, interest rates, and loan terms.
Unlike rigid clearing banks, specialist commercial lenders provide pragmatic flexibility when conventional channels decline.
Fortunately, bespoke commercial structures allow equity release while keeping existing favorable loan facilities in place.
Ultimately, dedicated case managers coordinate directly with lenders and valuers to keep your completion on schedule.
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Meet our specialist team
Learn about our 35 year story >
Steve Walker
Managing Director – 40 years of experience
Founding chairman of the Corporation of Finance Brokers. Specialist in UK residential mortgages, secured loans, and regulated bridging.
Simon Carr
Commercial Director – Proptech
Specialist in complex mortgages, commercial underwriting, and developer finance. Architect of Promise Money’s automated lending tools.