Commercial Mortgages – Do you know your options?

High street Banks are often the best place to source a Commercial Mortgage, but on occasions have their restrictions. As independent ‘whole of market’ advisors, Key has access to a wide range of other funders and options in addition to the high street lenders that we regularly use. Do you or your clients require a commercial mortgage which may include …

Funding with Back Office Support for Recruiters

Young and growing Recruitment Agencies may not have the time, expertise or indeed inclination to manage their workers payroll. In addition the cashflow of a growing recruitment business is notoriously difficult to manage and the last thing a recruiter wants is their workers being paid late or worse, not at all. We have a panel of funders who can overcome …

Easy Access to Working Capital

If there was a simple way to access up to 50% of your monthly sales ledger without the complications of a traditional invoice finance product, would this be of interest? No reconciliation process – no more uploading invoices – Just a simple product that allows you direct access to working capital with the minimum of fuss. Unlike Bank overdrafts which …

SME funding options for expansion and developing a business

There are plenty of funding routes for SMEs to grow. Lenders are getting to grips with the opportunities in providing funding for SMEs to grow and expand their businesses. What we’re also seeing in the market is the willingness of some lenders offering genuine 100% funding for projects aimed at business improvement initiatives. There are also a number of clever …

Completed Development Scheme? Reduce Costs and Raise money!

We’re often faced with the scenario where our developer clients have a completed scheme and are keen to move on to their next project. However, if property sales have not completed, they often don’t have the funds to do so. Development Exit finance can enable a developer to raise funds against a completed scheme to allow them to start on …

The latest solutions for business cash flow problems

There are many reasons an SME business can suffer from short term cash flow issues. The good news is, however, plenty of solutions exist for such problems and most situations can be resolved to put a company back on track. Common reasons that cause cash flow problems are things like seasonal fluctuations, important fixed asset purchases, unexpected bills and the …

Why should you use a Broker to arrange your commercial finance?

Here at Key, we often ask ourselves – why don’t businesses and property investors use a broker more often to assist in raising finance? Indeed, we think this is a fundamental question when looking to raise business finance. So, perhaps it’s worthwhile highlighting a few of the scenarios where a broker can play a vital role in ensuring the right type …

Changes to HMO Legislation from 1st October 2018

HMO landlords should be aware of changes to the definition of an HMO and new legislation that has come into effect this week. Presently, around 60,000 HMOs currently require a licence and it’s estimated, that under this new legislation, a further 177,000 properties may need one. Licences are designed to ensure landlords are providing homes that are well-maintained, meeting acceptable …

Interest rates are rising – Should you fix your commercial loan rate?

With the recent announcement by the Bank of England to raise bank rate to 0.75%, our customers are asking, “What do you think we should do?” It’s a question that we are asked every day. The benefits of refinancing can be huge, particularly if you are geared to a large loan and a rate rise would substantially increase monthly repayments …

A few of our recent cases

Property purchase at auction £80k loan (52%) 4month bridging loan @ 1.6%pm (interest serviced). Client had purchased a business premises at auction before seeking to arrange any finance. Because of several unusual features, the proposition did not fit normal bridging lenders terms. This was further exacerbated when the valuation came back at lower than purchase price with the necessity for …