Bridging Loans
Helping you “Bridge the gap” – Customised solutions to meet your lending needs.
What are Bridging Loans?
A company bridging loan, also known as a commercial bridging loan, is a short-term loan that provides businesses with capital to cover a gap in their finances.
Bridging loans are often used to purchase property, but can also be used for other purposes such as: Renovations or refurbishments, Raising capital for growth or expansion, Paying taxes or other liabilities, and Investing in machinery and equipment.
Bridging loans are a temporary solution, and are typically repaid through the proceeds of selling assets or refinancing. The loan term is usually between a few months and a year.
Bridging Finance
If you are in need of a Bridging Loan to ‘bridge’ a gap or to secure the purchase of land or a development then you should be speaking to us!
As a broker we have access to many lenders that provide bridging loans and we will ensure that you get the right bridging loan to fit your requirements.
What types of Bridging Finance can we arrange?
We understand that speed and flexibility are important when obtaining bridging finance, let us take the pressure off and help you to secure the funding you need today.
Land Purchase
Development
Auction Purchases
Refurbishment
First and Second Charge Bridging Loans
Raise capital for business growth and expansion
Approval
Lenders will evaluate your application, focusing on your credit history and the value of any collateral you offer. A clear business plan is also likely to help.
Repayment
If you don’t repay the loan on time, you could face financial penalties, your account could be put into default, and your credit rating could be negatively impacted.
Mortgage
There’s no guarantee that you’ll be accepted for a mortgage with a mainstream lender after using a bridging loan.
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