Private Mortgages are business-to-business loans, using private finance capital to help borrowers who need fast and flexible business finance solutions. Traditionally, companies or trusts commit security in the form of the following:
- Real Estate, either Residential, Commercial or Industrial;
- Charge over a Business or Business Assets;
- Charge over Private Assets;
This security is written into the loan agreement, to protect the private mortgage lender in case of default.