Secured Business Loans

Maximise your equity across a range of properties to invest in your business

Buy to let or holiday home

Commercial property

90% 75%

Existing mortgageExisting mortgage

max LTV considered

max LTV considered

Secured Business Loans Interest Rates from 8% Loans from £26k to £150kFlexible terms of 1-5 years

No early repayment chargesQuick decisionsFast funds releaseVarious property types acceptedCan be a first, second or subsequent charge

Release equity in multiple property types

Commercial

Holiday home

Buy to let

Find out more

t: 03330 050 459e: BuildingConfidence@newable.co.uk

w: Newable.co.uk/money/business-loans

To calculate the available equity offered as security, the following adjustments are made:i. For residential property, the

value is calculated as 90% of the market value.

ii. For commercial property, the value is calculated as 75% of the market value.

iii. Where the property is co-owned (e.g. spouse) and the co-owner is not a director/ shareholder of the borrower, the available equity is pro-rated. All properties must meet the minimum criteria of:

– Minimum value - £75,000 – The property must be

freehold, or, a long-term lease (75 years or more)

– Situated in England or Wales

Excluded property types: – Principle primary residence of

the applicant, heavy industrial, petrol stations, religious property, bedsits, equestrian centres, public houses, agricultural properties, catteries, kennels, golf clubs, hospitals, mobile home parks, garden centres, on-site dry cleaners, telecommunication masts and all other uses within Classes A4, C2, C2A and D2 of the T&CP Use classes order 1987 or those properties listed as Sui-Generis.

Fees: – 4% arrangement fee is payable – Applicant must cover Newable

legal expenses of up to £1,500 – Introducer commissions paid in line

with your existing arrangements with Newable