£950k Commercial Mortgage Secured for Joinery Business
Croydon-based accountancy firm MDH has supported a joinery business in securing a £950,000 commercial mortgage to acquire its long-standing rental premises, providing greater operational stability and strengthening cashflow to support a planned phase of rapid expansion.
Michael Hemme, Founder and Managing Director at MDH, was engaged to review funding options available in the market and assess lender appetite for a property-backed facility. Following detailed discussions to understand the business’s financial position and growth plans, Michael coordinated the preparation of comprehensive financial information and supporting documentation for potential lenders.
As a result of this process, a suitable commercial mortgage facility was successfully secured. The funding enabled the business to complete the property purchase, remove rental uncertainty, and create a stable platform from which to continue investing in capacity and long-term growth.
