Commercial Lending Market
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Commercial
Business Finance Bridging
Loan Factoring
Generally
commercial lending is not regulated by the FSA however this
may not be the case in the future.
Like the UK residential market many banks and specialist lenders
may potentially lend to businesses commercial finance.
This
is good for competition and criteria. However because the
products and number of lenders are high then support from
a broker would be prudent.
The
recent credit crisis has placed pressure on banks and this
has effected their ability to lend with confidence. A lack
of liquidity in the lending market place has made lenders
nervous. The effect has meant many products have been withdrawn
through the fear over whether debts can be serviced. Arrears
are increasing and property values are falling.
Lenders
are playing it save and mainly lending to lower risk cases.
The Bank of England has been in discussions with lenders to
see ways that the market can stabilise and move forward in
these difficult times.
The US crisis has had a big impact on the UK lenders for commercial
mortgages some of the lenders here are also US backed.
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