Top Ten Tips to Commercial Loans: Tip 6

Top Ten Tips to Commercial Loans: Tip 6



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

Tip 6: Maximising your customers loan

A fully researched and planned proposal will allow you to maximise your customer’s loan. Have you reviewed the security? Does the client have other property that can be utilised to increase the advance or provide comfort to the lender? Has the client provided the valuer with all the relevant and correct information? In a recent case we had the borrower missed providing details of 4 lettings in a multi-let property. All of this will ensure the client gets the best possible loan.

 

All of these questions are being considered by your lender and being prudent should be by the borrower and his advisers.

To view all the tips so far

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