Sheridan FS, a commercial finance specialist based near Bristol, has released its first2013 Commercial Mortgages Intelligence Report.

TheReport has been launched to help Business Owners and Finance Directors understand not only today’s marketplace, but also help them realisethat the messagethe media conveys that the “banks aren’t lending” is notcorrect, and competitive lending terms are available.

What has changed is how a business approaches a bank. A new and different range ofbanking contacts now need to bereachedso that applications are quickly and properly assessed. This differs from the traditional method of approaching through the high street branch.

The Report discussesthe surprisingly attractive mortgage terms that are currently available across a range of sectors, once you know how to approach the right contacts at the right lenders.

Chris Davidson, Partner at Sheridan, says “it is our experience in 2013the current media speculation surrounding secured commercial lending is not entirely accurate. Whilst it is true that some banks are not lending, others are, and it should be encouragingto hear that better terms are happening for a number of businesses, right now. It is also exciting that firms cannow profit from the process of changing mortgage provider, contrary to many reports…”

Davidson adds that “…media speculation has all but sucked the enthusiasm out of business owners, and as a result most would not even consider approaching their bank, or another. Our recent experiences in 2013 have shown that for solid businesses suffering from restrictive lending conditions, there are other avenues that offer genuine hope, as well as a demonstrable and profitable solution.”

Whilst a recession undoubtedly changes some parameters, it is not all doom and gloom. Continuing, Davidson states: “lending appetite is more than ever about thecontacts you have within the banks. Knowing the right contacts can give you much quicker access to what is possible, and what is not”.

To read Sheridan’s Commercial Mortgages Report 2013, click here .