Shawbrook strengthens commercial investment offering in support of SMEs
Shawbrook has announced enhancements to its commercial investment proposition to increase support for owner-occupied trading businesses.
The Bank, which has a dedicated commercial investment team specialising in complex transactions – has widened its criteria to cater for owner-occupied trading business customers, where there is a lease in place between the operating company and property company.
Under the new criteria, Shawbrook can lend up to 75% LTV, with mortgages from £300,000 to £25m and interest-only options available.
Emma Cox, Sales Director at Shawbrook, comments:
“SMEs across the country were hit hard by the pandemic and understanding the vital role they play in our society and on our economy, we have a strong appetite to support them.
Our award-winning commercial investment offering and highly experienced team are well placed to serve this specialist and underserved market, and I’m delighted to announce these changes.”