Practically speaking, the type of property you are buying, your business’ revenue and your plans for the company will all influence how long you will want to borrow for.
Enness always negotiates custom commercial funding deals for clients. Therefore, the length of the property finance package your broker negotiates for you will be tailored to your needs. Enness will negotiate an optimum deal that is as long – or short – as you need. You will be able to get loans for around 12 months, but commercial property finance typically lasts between five and ten years. That said, it is possible to negotiate longer or shorter loans on commercial property.