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    Property Finance

    Our finance options start with rates from 0.99% per month, and unlike many mainstream lenders, our decisions are based on commercial viability without credit scoring. Terms range between 1 to 180 months. Loans are available for buy to let and speculative portfolios, development land, refinancing, residential and commercial property purchase, capital raising, refurbishment loans and conversion loans.
    Get a quote!

    What we finance

    We will look at all sectors and most types of properties, including:

    Car wash garage
    Golf course
    Lock-up garage
    Petrol station

    Caravan park
    Horse livery yard

    Fish and chip shop
    Care home
    Retail shop

    Commercial land
    Showman yard
    Leisure park

    Bridging/auction finance

    Bridging finance is a short-term solution suitable for borrowers who find themselves in a situation where they urgently require funding. Clients have used bridging loans to successfully deal with tax liabilities, temporary cash flow problems, acquiring buy to let properties, auction purchases and property refurbishments. Eastern Credit has extensive experience in arranging short-term funding to quickly meet clients’ needs. To find out more, give us a call or fill out our contact form.

    Business secured loans

    Key product features:

    • Assist new starts as well as established businesses for working capital
    • Repayments of HMRC and other debts
    • Restructuring existing business debt
    • Borrow for specific projects or to acquire a new business or premises

    Development finance for residential, commercial and industrial

    We remain flexible on our levels of lending to property value for viable propositions. Generally, we restrict exposure to 50% of property value, but, will increase this percentage with the provision of additional security or profit shares.

    We are pleased to consider profit shares and minimum guaranteed exit fees where appropriate. Our maximum term is 36 months for development loans.

    Key product features:

    • Ground-up developments for residential and commercial new build loans
    • Converting properties from commercial and residential
    • Property refurbishments and extensions
    • Barn conversions