Top Ten Tips to Commercial Loans: Tip 2

Top Ten Tips to Commercial Loans: Tip 2


Every week Jonathan Rubins, Managing Director of Alternative Bridging Corporation Limited, gives us the insight...

Tip 2: Get Help

Often Borrowers try to save money by either employing cheap professionals or doing it themselves. The old adage of you get what you pay for is never truer than in this instance and our Lawyers bill increases if they have to play detective. Equally time is often wasted while valuers chase leases, plans etc.

The same applies to getting help from Brokers who can package and explain what is often a good proposal but poorly presented; an enormous amounts of time and money is wasted whilst the lender sifts through paperwork that is either inadequate, wrong or lost within a sea of irrelevant papers.

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