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Commercial Mortgages
Kingsley Asset Finance Limited can also help you purchase your business premises. Our flexible commercial mortgages can be tailored to suit your needs and achieve the goal of owning your own offices or commercial building.
Our flexible approach can enable you to borrow up to 85% of the value of the property. Our facility can also be used to release equity tied up in your business premises and use the money to grow and expand your business.
Case Study
The introduction of Chadfort Engineering to our portfolio of clients marks Kingsley’s move into the commercial mortgage arena.
Chadfort Engineering’s core business is the manufacture of industrial ovens and dryers on a sub-contract basis.
As a sub-contractor, Chadfort take great care to make sure that they always meet the demands of their customers, and this means constantly reviewing the technology to ensure they stay ahead of the competition.
As Stewart Fort, one of Chadfort’s Partners explains. “Staying at the leading edge of our sector is key to the success of this business – and that means we are constantly investing in new technology. With the increase in equipment comes a demand for more space, and so, at the end of 2005 we took the decision to buy a 40,000 square foot industrial unit in our home town of Blackburn.”
Chadfort Engineering approached Kingsley to provide the commercial mortgage they needed to secure the site.
“As soon as we spoke to the team at Kingsley, we were convinced we’d found a funder who actually listened to what we needed and how we wanted to structure the deal. There was a flexibility and a speed of reaction that we just didn’t feel we would get from any of the other major lenders we spoke to. In the end, taking out the mortgage with Kingsley was a relatively easy decision.”
Stewart Fort, Joint Managing Director of Chadfort Engineering
For Jonathan Smith it is just as satisfying too. “Both Kingsley and Chadfort Engineering agree that this investment marks the start of a great working relationship, based on the principles of providing a high quality of service and reliability. We look forward to working with Chadfort over the coming years as their business goes from strength to strength.” |