Borrower
Who are the Borrowers?
Borrowers are business entities that seek and obtain loans from Allott Capital. Borrowers enter a borrowing arrangement to utilize the borrowed funds for various purposes, such as company expenses, extended business, business investments, or real estate acquisitions.
Borrowers are responsible for repaying the borrowed funds according to the agreed terms, including the repayment schedule, interest rates, and any associated fees. Allott Capital evaluate the creditworthiness of borrowers based on factors such as credit history, income or cash flow, collateral, and overall financial stability before extending a loan offer.
Why Borrow with Allott Capital
Expertise and Experience
Allott Capital, a non-bank lender, has a sales team of experienced professionals who specialise in the commercial mortgage industry. Their expertise can help you through the borrowing process, provide valuable advice, and ensure that you make informed decisions.
Competitive Mortgage Products
Allott Capital may offer commercial loan products tailored to meet your specific needs. This can include various loan options, such as adjustable-rate mortgages and equity releases for business growth or extended business. Allott's product offerings may cater to different borrower profiles and financial goals.
Personalized Service
Allott Capital may prioritise providing personalised service to its borrowers. This can involve taking the time to understand your unique financial situation and corporate structure, offering customised loan solutions, and addressing your specific concerns throughout the borrowing process. Allott's team strives to provide a high level of customer service and responsiveness.
Competitive Interest
Rates
Allott Capital can offer competitive interest rates on your business loans. Lower interest rates can potentially result in lower monthly payments and make borrowing more affordable.
Transparent and
Efficient Process
Allott Capital has a transparent and efficient loan application and approval process. Allott provides clear guidelines on the required documentation, offers online or digital application options for convenience, and strives to streamline the loan process to ensure timely approvals.
Flexibility and
Customization
Allott Capital may be willing to work with borrowers to customize loan terms and structures to better align with their unique needs. This flexibility can be particularly beneficial for borrowers with specific financial circumstances or unique property requirements.
Reputation and Trustworthiness
Allott Capital's reputation and track record in the mortgage lending industry may inspire confidence and trust. Positive reviews or recommendations from past borrowers can be indicators of their reliability and commitment to customer satisfaction.
Lending Process
1
Submit Application
Submit application with related documents. Conditionally approval within 24 hours after all documents received.
2
Acceptable Conditional Approval
Upfront fee paid and returned the signed conditional approval to us.
3
Valuation
Arrange a valuation of the security, the valuation processing usually takes 2 to 5 business days after the inspection.
4
Loan Documents
Loan documents issued within 24 hours of credit approval.
5
Settlement
Settlement team will arrange the settlement when we receive notification from our solicitor that the loan documents are signed satisfactorily.
6
Settlement Confirmation
The settlement confirmation letter will issue to the client in 3 business days after the settlement.
Disclaimer
All information contained within this website is specifically designed for corporate, business and commercial loans.
Allott Capital:
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provides commercial/business credit only.
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cannot provide any loan products for consumers, individuals, or for residential purposes.
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does not provide financial products, and therefore cannot provide financial product advice.
If you require financial advice you should consider obtaining independent advice from a licensed financial advisor, or speak with your accountant before making any financial decisions.”