Specialist lender Wesleyan Bank has launched a commercial mortgage product to professions customers.
Wesleyan will now offer loans from ?£100,000 to ?£5m at up 80% of the property's value for owner-occupied trading premises over a term of 10 to 25 years.
The lender can also provide refinance opportunities.
Through its sister division, Wesleyan Bank will also provide life cover, surgery or commercial property owners insurance, as well as arrange additional finance for the refurbishment or fit out of properties.
Steve Deutsch, chief executive of Wesleyan Bank, said: "We are always looking to bring to market new products and services which are tailored to the specific requirements of our customers.
“Our commercial mortgage proposition meets the needs of those who specifically want to invest in the property from which their business is run.
"As a specialist provider of products to professional organisations, we understand the pressures and growth challenges they face today.
“Wesleyan Bank's flexible and bespoke solutions cover every aspect of financial support under one roof to ensure that purchasing a commercial property is a smooth and seamless process, from beginning to end.'
The new commercial mortgage product is available to all medical professions – including doctors, dentists and vets – as well as 'paper' professions, such as solicitors, accountants, surveyors and architects.
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