stuart-benge

Millbrook Launches Commercial Property Finance Division

Millbrook Business Finance has launched a Commercial Property Finance division offering SME clients a range of property funding options such as commercial property finance, bridging finance, plus buy to let mortgages for property investors and development finance for construction.

The commercial property finance is aimed at assisting business expansion whether businesses are buying, investing, upgrading, or expanding.

The bridging finance service provides rapid access to capital secured against property or land, typically for three to 24 months. Facilities can be used to unlock equity for working capital, tax and other investments or enable the purchase of property at auction and off-market deals with tight deadlines. In addition, it can help boost property values with refurbishments, conversions, or changes of use.

Buy to let mortgages provide capital for single-lets, houses of multiple occupation (HMOs), multi-unit freehold blocks (MUFBs), purpose-built student accommodation (PBSA), and holiday lets – perfect for growing or optimising property portfolios.

And development finance offers solutions to secure land, complete builds, and exit on time – without tying up unnecessary capital.

Stuart Benge, head of commercial property finance of Millbrook Business Finance, says: “By now offering commercial property finance, we can support our SME clients across all areas of business finance and help provide flexible funding solutions: from the acquisition of trading premises to maximising the earning potential from current property assets right through to helping solve the UK housing crisis.”

“As a natural extension to Millbrook’s proposition, this will cement our position as a leading business finance broker with SMEs.”

Founded in 2020 and headquartered in Northampton, Millbrook Business Finance has access to a panel of over 100 lenders.

Find out more here.