Business Directory > Financial Services > Commercial mortgages resources

BUSINESS DIRECTORY

Commercial mortgages resources

When you're running your own business, you sometimes need to access additional finance. You may require this for business expansion, to create more office/storage space or even buy your own premises.

If you're currently thinking about business finance, then it's worth looking on the Web at commercial mortgage resources. Apart from reasons stated above, you can also use a commercial mortgage to:

• buy a business
• invest or develop commercial or residential property or
• access equity in commercial property.

Commercial mortgage contracts typically require commitment periods of ranging from 10 to 30 years.

Another way of accessing additional financing is offered through invoice discounting. This type of factoring lets you access money advances on outstanding sales invoices. Some UK invoice discounting firms can pay you as much as 90% of the value of your sales invoices a day after the actual invoices have been raised.