An existing client of First Point Group wanted to purchase a Commercial Shop and borrow 100% + costs
The Commercial Finance market has become increasingly difficult with many requests for detailed financial information by Lenders at both a personal & business level. The market also faced long approval timelines
By understanding our client and their business we were able to shape a loan proposal to fit a ‘cut down’ approach to sourcing a Commercial property finance approval, based primarily on the lease terms and income generated from other Commercial assets owned, rather than using normal financial statements and detailed personal information from clients.
A very happy client who now owns 4 Commercial properties