Bridging Finance

What are Commercial Bridging Loans?

A bridging loan is a short-term financing solution in situations where speed is important.  For example if you want to buy a property quickly to take advantage of a competitive price or perhaps avoid repossession on a property, a loan can be raised in a matter of days. Bridging loans can be an expensive form of finance and are only intended to be a temporary solution that will typically be secured on commercial and residential property.

In exceptional circumstances funds can be raised within 5 working days provided there is sufficient security. This type of loan can generally be used for any purpose and range from lending periods of 1 to 12 months.

Bridging loans are available for all types of applicants and financial status may not be a problem depending on circumstances.  They may even be available for those with previous credit problems such as CCJ’s, IVA’s and discharged bankrupts.

Why use Bridging Finance?
  • Fast completion on property purchases
  • Repossession problems
  • Urgent working capital

For a no obligation discussion or more information on any of the above, call our enquiry team on 0800 085 1706,  we’ll be happy to help.