Shawbrook has made changes to its commercial investment proposition to increase support for owner-occupied trading businesses.
The bank has widened its criteria to cater for owner-occupied trading business customers, where there is a lease in place between the operating company and property company.
Under the new criteria, Shawbrook can lend up to 75% LTV, with mortgages from £300,000 to £25m and interest-only options available.
Emma Cox, sales director at Shawbrook, said: “SMEs across the country were hit hard by the pandemic and understanding the vital role they play in our society and on our economy, we have a strong appetite to support them.
“Our award-winning commercial investment offering and highly experienced team are well placed to serve this specialist and underserved market, and I’m delighted to announce these changes.”