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Kidney Stone

Why is Holiday Lodge finance a smart move for any park leisure business?


Renting can be very expensive for any business, and it can be unpredicable due to unexpected rent increases. Although holiday lodge finance can lead to a higher monthly repayment, your business is now making a significant long term investment.




What do I need to consider?


With a Commercial Mortgage, your business trading history matters. As with personal mortgages, your affordability matters. Lenders want to know that you can afford your monthly repayments. There are many considerations with Commercial Mortgages from deposits, the type of property, location and lender security. Commercial Mortgages are considered a higher-risk, usually because of the value of properties, you may need a higher deposity to offset any potential risks and you should be prepared for slighlty higher interest rates. If you have any questions regarding business loan eligibility, please give us a call on 01908 42988.




How is Approved different to traditional banks and lenders?


With over 70+ lenders on our panel, our flexibility is unmatched. Your business needs are personal and specific to you, that's why we match your requirements with a lender or lenders who can best facilitate your needs.




Can I repay my holiday lodge finance early?


Yes, you have the option to repay early. If you want to repay your commercial mortgage early, please contact us on info@approvedbusinessfinance.co.uk or call us on 01908 429888.




Are repayments tax deducitble?


Yes, the interest on your Commercial Mortgage is tax-deductible.