Non-Status Commercial Finance
Looking forwards rather than backwards: ccjs, mortgage arrears, no accounts, poor credit rating
Signature also has considerable experience in securing non-status commercial mortgages for UK businesses. Unlike traditional banks that tend to concentrate on historic performance, specialist non status mortgage lenders prefer to look forwards rather than backwards, which means that mortgages can be obtained for businesses with: county court judgements, mortgage arrears, no accounts, poor credit rating or a loss making history.
As each application is judged on its own merits, there are no hard and fast rules governing the process. However, these non-status commercial mortgage lenders can be ideal for businesses (sole traders, partnerships or limited companies) looking for debt consolidation; business turnarounds; new business start-ups or business refinance.