Richard Butler Creagh on Business Loans

Welcome to the Richard Butler Creagh blog. Richard Butler Creagh has been in the bridging lending business for many years. Richard Butler Creagh's is financing process is laser-focused on the asset. All else is secondary. Because the only thing that matters is your property. In today's post, we talk about the types funding to finance your growing business. Read on to find out more.

The recent statistics show that over $4billion of loans have defaulted. This has a significant impact on the lending business as it increases the risk when borrowing money and consequent increases the cost for borrowing money which not only impacts the individuals but also the economy due to increased cost. Today organic growth for the business is almost unheard of on a medium and large scale. In fact, a study has shown that a healthy business has approx. 60 % on finance to get optimal growth.

As they say, There is no business without cash to open it. Smaller or larger. The idea itself is not enough!   It is a challenge for young entrepreneurs to get financial resources to start a business. The vast majority of cases, opening a business with no financial outlay is simply impossible. Fortunately, in recent years there have been many opportunities on the market to take out a loan to start a business in the UK. The situation is even simpler if we take care of a good business plan and we want to create new jobs. The property market, however, has an exception where has to be sufficient security in the project.

 A loan from a bank in the UK. The most important element that decides about obtaining a loan to start a business in the UK is credit history. This is what the banks take into account when assessing our creditworthiness. This assessment determines the credibility as a borrower and is to be a confirmation for the bank that we are able to repay the loan. It is developed in a credit score system, and the number of points we get translates into the amount of the loan that we can apply for. The same works for business and in many cases if there are not securities even for a limited company the bank will require a personal guarantee, which defeats the object of having a limited liability company in the first place.

Loans for start-ups. Another way to get a loan to start a business in the UK is to take out a bank loan intended only for start-ups. Usually, these are loans for relatively low amounts (from several to several dozen thousand) with a short loan term. On the British market today we find only a few banks that have an offer of loans for beginner entrepreneurs, but each year there are such offers. Banks are afraid of a fairly high risk of insolvency, which is why they are still more willing to lend money to enterprises that are already operating on the market. We must remember that the banks

Business grants. A grant is an amount that finances a specific project or business goal. They are usually non-returnable and can be paid from many sources, such as the UK government, non-governmental organizations, Business Enterprise, etc. Grants can be associated with a specific activity, business sector or geographical location of our company. This is the case for grants paid by the UK government. Such co-financing may cover up to 60% of the amount provided for in the investment.


Richard Butler Creagh helps you with your business loans, it's easier than you think. The reason most small business owners don't get financing is that they're looking in the wrong places. Learn more about Richard Butler Creagh here and how he can help you get the capital you need here. Browse  Richard Butler Creagh's complete collection of business, financial news, property tips and more on the Richard Butler Creagh's Pinterest page here. You can also follow Richard Butler Creagh's Facebook page here.

Richard Butler Creagh Explains European Bridging Finance  

Welcome to the Richard Butler property blog. Here we share with you information why bridging finance is an important part of the property and business development in general. Richard Butler Creagh is a financial consultant who founded Henley Finance in 2013. In today’s blog, you’ll discover more about bridging finance loans.

Richard Butler Creagh on Commercial Property Loan

Welcome to Richard Butler Creagh Blog. Richard Butler Creagh is a property and Finance Consultant. Read on to find out more information about commercial property loan, which can help you build your business infrastructure.

If you are a self-employed whether it be a Lawyer, Doctor or Businessman you need a proper workplace where you can work with a peace of mind and an environment which gives you inner motivation towards your work. To purchase such a commercial property it is a bit difficult as the price of such property is comparatively higher than a residential property and people generally opt for business loans to fulfill this need. However, to overcome such a problem - a commercial property loan will help you own a workplace of your choice so that you can take a step closer to your business goals.

What is a Commercial Property Loan?  It is basically financing a fixed property used exclusively by a borrower to purchase a property for the commercial use. A borrower can take the loan and then provide it for rent as well. This includes property for office and general commercial accommodation.

Commercial Property Loan can be availed for the following purposes:

Richard Butler Creagh Shares How to Finance Property Development Project

Welcome to the Richard Butler Creagh blog. Richard Butler Creagh has been in the bridging lending business for many years. If you’re a property developer, investor, or landlord, there’s a range of finance available to help you kick-start your next project. But even for experienced developers, the alternative lending market can feel large and complex. In today's post, we’ll run through some of the things to think about so you can make the right financial choices.

Commercial Mortgages. Commercial mortgages can be used to purchase commercial property. They work the same way as private mortgages, helping you spread the cost of a large purchase over time. A typical example could be an architect who wants to buy the building where he practices, instead of paying large amounts of rent, he would prefer to own the property, but can’t afford to pay for it outright.

Auction finance. Auctions can be a quick way to get a property at a discounted price, and there are lenders who specialize in auction finance. Once you’ve made the winning bid, auction houses usually require the funds within 28 days, which means you have to move fast to secure funding. There are also lenders who’ll give you finance before you attend an auction so you can arrive prepared with an 'agreement in principle'  this type of arrangement can be particularly useful for experienced and established developers.

Bridging finance. This can mean any short-term funding that helps pay for building and development costs. These two terms have significant overlap and might seem interchangeable, but there are differences between the two. The main thing that determines if you need bridging finance or development finance is how ‘heavy’ the project will be.

As you can see, property development is a complex area, especially when it comes to financing.  whether you’re buying your company’s premises, or growing your rental portfolio best first step to take when determining what type of finance you need is to assess how extensive the project is, how long it will take, and how much it is likely to cost — in both the best- and worst-case scenario. Contact Richard Butler-Creagh on the Henley Finance website. Learn more about the  Bridging and Commercial app here and follow Richard Butler Creagh on our Twitter page. Show your support online!

You can also watch this Henley Finance video here and see what we can offer you:

Richard Butler Creagh Shares Why Sustainable Lending is Gaining Traction

Welcome to the Richard Butler Creagh blog. Richard Butler Creagh has been in the bridging lending business for many years.  A new generation of sustainability-linked loans is reshaping the market, putting more companies' green goals within reach. Green lending is changing the present financial scene, providing funding to a wide scope of corporates and boosting business to fabricate a progressive and sustainable future and it is continuing to gain traction.


Holistic Sustainability Assessment
Many early green loan structures proved too rigid.

Today's green loans are more holistic. Companies are typically offered "standard" pricing, built around normal risk and credit parameters. Specific key performance indicators (KPIs) are then added to the loan contract. Companies receive a discount as targets are reached. If targets are missed, they pay a premium.

Performance is reviewed by a third party organization and such loans are open to companies of sufficient size and financing requirements, providing they have suitable corporate social responsibility policies in place

Regulation
A recent report by Dutch regulator De Nederlandsche Bank warns of bubbles if regulation and oversight are not developed effectively. Maarten Vleeschhouwer and Henk Jan Reinders, two of its authors, are seeing how green criteria can be joined into oversight systems.

Maarten Vleeschhouwer likewise calls attention to the green supporting factors to bring down the total capital in Europe's banking system. Penalizing factors would do the opposite, making the banking system stronger.

Abb gives the example of a town wanting to switch to LED street lighting. The project could deliver lower emissions but comes with big up-front costs. If the financiers, council, and contractors work together before a deal is signed, they could install electric-vehicle charging points to the lampposts too, ensuring the project generates revenues to mitigate part of the cost.

"Banks can differentiate themselves by their ability to engage and advise their clients on developing impact-based business – in which positive impacts are not an externality but central to the business model itself," says Abb.

Learn more about Richard Butler Creagh, the founder of Henley Finance here. Read more about Henley Finance which is a bridging lender company that invests in UK property here

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Richard Butler Creagh shares the potential in the UK housing market

Welcome to the Richard Butler Creagh blog. With the Government preoccupied with the progressing Brexit dialogs with the European Union, the housing deficiency in the UK is turning into a more concerning issue. It is an immediate result of the chronic shortage of good quality housing being conveyed to take care of the developing demand and shifting demographics in the UK. The government’s government’s continued inaction on the housing issue has prompted the huge rise in house costs and leases in leading to the departure of youthful families and professionals from the capital to the regions.


Changing transport links have had a big impact on the housing landscape. 

Richard Butler Creagh on an affordable way for first-time buyers to get on the property ladder

Learn more tips on buying a house for the first time from Richard Butler Creagh. More property buying tips can be found at Richard Butler Creagh Facebook and follow Richard Butler Creagh on Twitter.

Pillars of Property Investments

Richard Butler Creagh shares tips on how do you stop yourself from overspending

Henley Finance have announced their first App

Richard Butler Creagh Shares Tips About The UK Property Market

Welcome to the Richard Butler Creagh blog. Theresa May has triggered Article 50, taking Britain back from European control and starting the Brexit process, which was chosen by the British people in a referendum. However, many in the property market are uncertain over what this means and what effect this will have. It is clear that London, as a city is booming, and so is the rest of the UK. Business is better than ever, and so many are hopeful of a positive outcome for our country.



In a recent poll, 43% of people in London think UK house prices will rise once the country leaves the EU (YouGov research, commissioned by Equifax). No one really knows for sure, but here are some predictions of what may happen in the wake of Brexit.

The property market will become more stable

As Brexit continues, the property market will become more stable, encouraging people to carry on with their lives. Years of low transactions are almost always followed by years of increased activity. With confidence returning, sellers are already demanding higher prices.

Number of house sales will rise across the UK

The triggering of Article 50 should come as a sigh of relief to the residential property market, as the Government finally provides certainty that its plan for leaving the EU cannot be derailed. The UK property market is heavily reliant on confidence – something evident through transaction levels that have been suffering since the Brexit vote, especially in London where, according to our latest data, house sales are still down 20% compared to last year.

Interest rates won't rise

It may well make the Bank of England reluctant to increase interest rates, despite the recent increase in inflation. This will preserve affordability and points to a low turnover market, with little upward or downward pressure on prices. The London market remains impervious and, with such a shortage of stock, the overwhelming level of housing demand will plug any gaps of depleted buyer interest from further afield. The demand for new properties in London is thought to outwiegh the uncertainty of brexit.

Londoners are likely to be the most cautious

Caution is likely to be greatest in London, given the extent to which house prices have risen relative to earnings in the capital in the past 10 years. It means home buying represents a bigger financial commitment relative to the rest of the country against a backdrop of uncertainty.

Whatever the future holds for the property market, taking advantage of opportunities has clearly never been more important. Bridging finance provide this support for businesses and developers when they need it most, and at the speed they need to get the deal. If you are considering purchasing property then speak to a finance expert beforehand to assess all your options. Contact Richard Butler-Creagh on the Henley Finance website. Connect with Richard Butler Creagh on Crunchase here and join the Richard Butler Creagh professional network on Linked.

Watch this video about Henley Finance and what they can offer you: