Independent, Family-Owned, and Award-Winning Commercial Finance Brokers
We require your authorization to allow any lender we apply to on your behalf to conduct independent background checks to assess creditworthiness and financial standing.
This authorization is valid solely for Andrew Wattsford or any lender they deem appropriate and suitable for your needs. It covers the provision and verification of information related to any loan application you may submit.
An e-signature document will be sent to the lead applicant only.
Dual representation occurs when the same law firm represents both you and the lender. To proceed, you will need to instruct a solicitor from that firm and provide the following details:
Firm name
Name of the instructed solicitor
Instructed solicitor’s email address
Instructed solicitor’s telephone number
The instructed solicitor must be registered with the Solicitors Regulation Authority (SRA), which you can verify at SRA Register.
If you prefer to use your own solicitor, you must provide the same information and ensure that the solicitor is listed on the SRA Register.
EBITDA is a key metric used by banks to evaluate a business’s performance. It stands for Earnings Before Interest, Taxes, Depreciation, and Amortisation.
ERC stands for ‘Early Repayment Charges’ – typically applied to longer-term Commercial Mortgages to safeguard the lender’s expected margin on the funds. These charges are incurred if the loan is paid off early, often within the first three to five years. Many lenders impose ERCs on a reducing scale, but they can be as high as 5% of the mortgage amount if the loan is repaid in the first year.
The support provided by Wattsford Commercial Finance is customized to your needs. We assist you throughout the entire application process. For instance, some lenders may request supporting documents, such as a business plan, as part of their lending decision, and we’ll help you prepare them.
If potential lenders wish to meet with you, we will attend the meeting with you whenever possible.
The amount of property development finance available will depend on the type of project, the total borrowing need, and the estimated Gross Development Value (GDV) upon completion of the project.
As part of our regulatory obligations, we are required to conduct ID, PEP (Politically Exposed Person), and Sanction list checks on the lead applicant. These checks are performed when we send out Fact Finds as part of your funding application.
ID verification is applied only to the lead applicant, as follows:
Sazid Hossain2024-12-22 After searching for a reliable business finance partner, I found BritFund, and they've exceeded my expectations. The process is easy to follow, and their team keeps everything transparent. It's definitely one of the best decisions I've made for my business. Sabbir Hossain2024-12-22 I have been dealing with BritFund for several months, and they have made financing my business incredibly straightforward. Their team is always helpful, and the business loan options they have are tailored to fit my needs. It's a great experience. Sid Naik2024-12-22 BritFund has really changed the way that I do business. Clear and simple business loan solutions with great support from start to finish. I highly recommend these folks for anyone searching out a reliable financial partner in business.