Dedicated to Your Business
City Business Loans (UK) Ltd is an independent business finance company providing financial advice and sourcing for your business' asset needs. We are dedicated to finding the right financial solution for you.
What We Do!
CBL are able to give quality independent advice to anyone planning to purchase a commercial property or business, either leasehold or freehold. We prepare a Financial & Business Proposal for presentation purposes in a format that we know the lender wants to see it "packaged". We arrange Competitive interest rates- as low as 1% over base rate for freeholds, 2% over base for leaseholds. (Note: with leasehold, lower rates can be achieved with additional security.) We save you the client money, CBL can usually achieve lower interest rates than you can get from your own bank. We save you even more money! Due to the volume of business placed by CBL, lenders will reduce their arrangement fee of circa 1.6% of the loan arranged, to 1% and in some cases just 0.5%. We can usually deliver immediate decisions with the loan agreed "in principle" prior to interview.
We will do all the running around! -Time and time again banks have stated to us that they will gladly reduce their arrangement fees to cover our fees. This is simply because we gather all the information needed and present in the way that they want. This ensures equally that they are more likely to approve the deal.
What We Don’t Do!
We do not charge any advance fees. Because of this we will not "promise the Earth" then fail to deliver weeks down the road. We, only get a fee when we are successful and so consequently, we will ensure that we are successful! You only pay our arrangement fee after acceptance of the offer of finance from the lender.