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What is a Commercial Mortgage By David Miles
A commercial mortgage [commercial-mortgage.shtml] or commercial remortgage [commercial-remortgage.shtml] is a business loan which is secured against a commercial property.
Commercial mortgages are often used to buy business premises, such as offices, shops, restaurants, or pubs.
But they can also be used to buy other business assets such as plant or machinery.
As well as being a useful way of financing the purchase of business premises for a new business, commercial mortgages can also be an excellent way of funding the expansion of an existing business.
A commercial mortgage can also be used to fund investment in land or property which will be used for co... [ Read Article ]
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