The bank — which has a dedicated commercial investment team specialising in complex transactions — has widened its criteria to cater for owner-occupied trading business customers where there is a lease in place between the operating and property companies.
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Under the new criteria, the lender can offer facilities between £300,000 and £25m at up to 75% LTV, with interest-only options available.
Emma Cox, sales director at Shawbrook Bank (pictured above), said: “SMEs across the country were hit hard by the pandemic and understanding the vital role they play in our society and on our economy — we have a strong appetite to support them.
“Our commercial investment offering and highly experienced team are well placed to serve this specialist and underserved market, and I’m delighted to announce these changes.”
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