Continued from page 1
The money you free up through a commercial remortgage can be used for all sorts of things for your business. For example, you could purchase additional stock, or invest in new machinery or other fixed assets such as vehicles. Another use for
extra money can be to pay off outstanding bills, or clear other borrowings such as
company's overdraft.
Here are some typical uses for a commercial mortgage or remortgage:
- Borrowing money to buy a shop
- Raising finance to purchase an office building
- Buying a pub
- Financing
purchase of a restaurant
- Buying a hotel
- Buying a house to convert to a Bed & Breakfast (B&B)
- Raising finance to buy an existing business
- Clearing a business overdraft
- Improving business cashflow
- Buying new plant or machinery
- Financing
purchase of company vans and other vehicles
- Borrowing money to buy extra stock for your business
- Funding
expansion or refurbishment of your offices
- Borrowing money to pay for training
- Buying land for business purposes
Further information on commercial mortgages and business loans can be found at
Online Commercial Mortgages website.
----
Copyright 2004 David Miles. You are welcome to reproduce this article on your website, so long as it is published "as is" (unedited) and with
author's bio paragraph (resource box) and copyright information included. In addition, all links to external websites must be left in place.

David Miles edits a number of finance websites, including TheCashClinic.com - a UK Personal Finance Portal.