Bridging Loans & Finance
A Bridging Loan or Bridging Finance is typically a loan used to raise short term funding in the event that other longer term funding cannot be secured at short notice and is traditionally one of the fastest of funding options.
This type of lending may be suitable for Residential and Commercial properties in the UK
Loans can be arranged from £25,000 to £50 Million +.
Reasons for bridging finance or a bridging loan?
- To quickly raise capital on your new or existing property or both
- In the event where your property sale has fallen through whilst purchasing another property
- You need finance quickly to purchase a property at auction
- To raise short term capital for your business interests
- Medium term bridging loans - Maximum period upto 3 years
- Secured Loan (2nd charge) Bridging Loans from £50,000 - No Maximum
Bridging finance is a short term