Commercial Rental Terms
Commercial rental terms UK
Most business owners in the UK will have some form of property rental to support their business. Whether that be a one-person office, a two-story teched out building, or even a warehouse for stock and deliveries – commonly, a form of space is required.
Rental leases payment terms are considerably different from standard tenancy agreements, one major difference is the payment terms.
Deposits and payments
Commercial deposits can range from 2 months to 6 months of the rent value, plus leasing-fees, set-up fees, and all the other fees that come with renting a new commercial property.
Commercial rent payments tend to be made quarterly, which can feel like a lot of money to put together within 3 months.
Depending on your lease-type you will also incur charges for electricity, water, council tax, internet… the list can go on!
Keeping up with payments
One moment, your bills are paid, and everyone is fed. The next, you’re chatting with your landlord about a debt payment plan.
At either stage (or in the middle), we at Partnership Invoice Finance can help you steady your cash flow to avoid late repayments and missed payments.
Invoice Finance is a flexible alternative form of business cashflow funding that helps you overcome these payment pressure points.
With invoice factoring you can receive up to 80% payment on your current invoices. You see, we look at the bigger picture when providing alternative funding to entrepreneurs and SME’s. Your success is our success.
We welcome you to ring us for a chat about how we can help you achieve long-term success.