Interest Rate Insurance for Businesses

BUSINESS OWNERS

 

The current economic climate means that we are seeing unusual circumstances:

 

  • The costs of borrowing are at an all time low.
  • Banks’ lending rules have moved from ultra generous to ultra conservative. There will be little or no change in this for the foreseeable future
  • Even the strongest of credit applications is not guaranteed success with credit analysis getting ever tighter with the number of commercial lenders in the market as low as we have ever seen
  • Pricing of new finance lines is out of all proportion to the costs that we have historically seen and predicated business planning upon

 

In an era where credit is tight and getting tighter and where the banks are making it more and more difficult to raise credit, the RateProtect Review Service has been designed to create mechanisms where you can:

 

  • Lock in your profit
  • Lock in your positive cashflow
  • Minimise your exposure to the threat that a steep increase in borrowing rates would have on the financial performance of your property portfolio

 

A RateProtect Review may be suitable if:

 

  • You’re enjoying great base rate or LIBOR linked loan facilities and want to guarantee an all time low rate going forward
  • You’re stuck in negative equity or have very little equity making it very difficult to get an alternate finance line in place that is sensibly priced
  • You have or have had adverse credit or your business accounts will not satisfy stricter affordability models

 

This is not a remortgage so:

 

  • No credit checks or scores to pass
  • No restrictions on your Loan to Value
  • No valuation anxieties
  • No affordability analysisHMOshhMO

 

Our innovative solutions are designed to control and limit your risk to interest rate movements.

 

Take advantage of our mortgage interest rate insurance now. Protect your business and lock into mortgage rates that are currently at an all time low without having to remortgage your property portfolio.

 

Protection comes following payment of an upfront premium which can normally be financed over a period of time and premiums are almost certainly allowable against tax, subject to your accountant’s approval .

 

For more expert, friendly information,  call Geoff Cooney, our RateProtect analyst on 0800 458 3525 or email geoff.cooney@lynfs.co.uk