Property Finance Explained1st September 2015
Property finance refers to all methods of funding the acquisition or development of property. There are many facets of property finance, and below are two important commercial property loan products:
Short-term loans issued to cover the costs of developing or renovating a property.
Long-term methods of funding a property. The business will pay a deposit based on the property’s value, and will continue to repay the loan in monthly installments, plus interest.
Each of the many types of property finance is available from the wide range of lenders on Rangewell’s extensive market map of SME lending options. Rangewell provides personalised finance solutions to SMEs seeking funding and allows accountants to offer their clients the funding options that best suit their unique needs – always free of charge to qualified accountants.
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