Asset Backed Loans
We offer a variety of assets backed loan types for a multitude of opportunities, secured against either bricks and mortar or a business value.
When it comes to your choice of loan structure it is important to understand the reliance of security. Your loan may be secured against your property as either a first or second charge. It is important you take care to ensure the terms of the loan are suitable for your needs.
Many loan providers use a simple formulaic approach. Mysing consider the merits of each application to ensure the loan is fit for purpose and suits borrowing needs.
The principle terms of the loans are straightforward:
- Rates from 1.0% per month
- Loans from £250k – £5m
- Terms from 6-24 months
- Up to 70% LTV
- Buy-to-let, commercial & semi-commercial assets
- Serviced & rolled-up interest options
- Open market valuation may be used
- Set up fees may be applicable
- Typically no exit fees applicable
- No credit scoring
If you would like to speak to an advisor or start an application process please see our Contact Us page. Our entire process is quick, easy and transparent.