Specialised Security

Many commercial properties have been constructed to specifically serve a certain purpose. Take a petrol station for instance. From a lending perspective, there is coherent risk involved with such properties as the market for petrol station owners is limited. That is, it is not an asset that can be as easily sold like a shop front in the main street of a busy area.

It is also not an asset than can be easily converted to other means. To convert the petrol station into a residential development would involve all sorts of environmental issues and much cost.

For these reasons, many lenders are often hesitant to get involved with these types of properties. CDS however deals with many private lenders that are willing to assess each application on its merits and will lend against such properties.

If you are interested in purchasing or re-financing this type of property, contact one of our experienced Commercial Managers today and allow them to assess your position and present several lending options.