Innov8 Finance are UK-wide commercial finance brokers, with access to whole of market lending.
We offer all our clients a true ‘one-stop shop’ facility, our core competence is to provide you with a fully managed and professional service to secure the most competitive funding offer available from the entire market.
In addition, we can, if required, organise any valuations, insurance and legal support necessary to complete the transaction. We will fully package and submit the lending proposal to ensure your funding application is processed quickly and efficiently with funds available in the shortest possible time.
We will provide you a fast, competitive quote to lease any capital equipment necessary to run your business. Including: plant, vehicles, production equipment, IT and telecoms systems and even ‘small ticket’ items from £5K in capital value.
What types of Asset can we help fund?
Vehicles – Cars, Vans, Buses & Coaches, Boats, Motorhomes, and more…
Machinery – Farming & Agricultural, Print & Packaging, Cranes, and more…
‘Soft Assets’ E.g. – IT, Software, Security, CCTV, Refrigeration, Gym & Leisure equipment, and more…
Leasing...
Leasing is a tax and cash-efficient way of financing equipment for your business, it keeping the asset ‘off balance sheet’ and offers the following key benefits:
Working with the most flexible and responsive lenders in the UK market, we offer expert advice, providing the capital required for your business – be it a new start-up, acquisition or expansion.
What can business loans be used for?
New to Factoring? You will be surprised at how effectively a flexible factoring arrangement can assist your cash-flow and working capital problems.
In essence, a factoring facility draws cash quickly into the business by converting your debtor book into readily available revenue, the security for the advance being the invoice itself.
No matter what the age and size of your business, we can normally provide a workable and cost-effective factoring solution to improve the cash flow into your business at rates often far better than overdraft terms.
We will provide you with ready access to over 50 major commercial mortgage lenders very active in the market who will look to provide a commercial mortgage at competitive rates up to 30-year terms. We can provide both capital and interest repayment schemes or ‘easy start’ interest-only options.
If you are looking to purchase a commercial property for your own occupation, via a SIPP as a longer-term investment or perhaps you wish to purchase a trading business or re-mortgage an existing property then speak to the experts within our team.
To assess your best commercial mortgage option, we will need to understand more about your business and confirm the ability to repay the mortgage from business profits or other sources of income. In general terms, we can offer mortgages up to 75% of the freehold / long leasehold value of the property or business being purchased.
If you want to move house but you’re struggling to sell your home or maybe your property has dropped in value, let-to-buy is something you may want to consider. Letting out your property could allow you to move into a new home without feeling pressure to sell in a rush and potentially at a loss. Although some lenders will allow you to let out your home on a residential mortgage, it will only be on a temporary basis. So unless you are only going to be letting it out for a short time, it is likely you will need a BTL mortgage. This is where we come in, we will guide you through all the details and work out what is best for you and your home.
House in Multiple Occupation (HMO) is a property rented out by several people who are not from 1 “household” but share facilities such as the bathroom and kitchen. These are often on individual ASTs (assured shorthold tenancy). Dependant on whether the property is licenced or not will determine the lenders that can be approached to help fund your requirements.
We provide expert advice for the acquisition, re-structure and re-finance of complex property portfolio structures with many of our clients owning properties running into the hundreds of units. Whatever the size and make-up of your property portfolio we’ll provide unbiased, whole-of-market advice offered freely and without obligation.
We provide expert advice whether you are an experienced investor adding to your portfolio or starting out with your first BTL. Identifying the best BTL mortgage is often not as straightforward as a normal mortgage, key issues arise such as the borrower’s experience, rental income, lenders’ stress tests etc…
Arrangement costs and conveyancing fees can also be higher with BTL, our experienced team will steer you through the process to ensure you get the best possible deal, that’s what we are here for!
If you require a short-term loan and need the funds quickly, we can provide funding for any legitimate purpose over loan terms ranging from 1 day to 24 months. Obtaining bridging finance is, in essence, a simple process and loans can be secured on both residential and commercial property assets and land/development sites.
Some potential uses:
Under normal circumstances, we provide loans equivalent to 70% of the estimated GDV of the project however, for experienced developers and if additional security is made available we can often provide funding up to 100% of all site purchase, development and finance costs. We can also introduce mezzanine loans secured on a 2nd charge to provide any additional ’top up’ funding.
If you are involved in the building industry or make a living from property development and refurbishment, then the good news is that funds are available for profitable projects which fit criteria. Property Development and Refurbishment loans are provided from £50K upwards.
A brief synopsis of underwriting criteria:
Get In Touch!
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Innov8 Finance Limited (FRN:1013407) are credit brokers and appointed representatives of White Rose Finance Group Limited (FRN: 630772) who are directly authorised and regulated by the Financial Conduct Authority. Innov8 Finance Limited, company number 15532771 are registered at 71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ.
We comply fully with the General Data Protection Regulations (GDPR) 2018 and all client data and information you provide to us will be managed, processed and kept secure in accordance with the GDPR. We will never share, sell or distribute client data to any other third party other than Banks, Lenders, Brokers or Packagers whom we believe may serve the best interests of you the client.
Please make borrowing decisions carefully, property or other assets offered as security may be at risk if you cannot keep up with repayments.
