£25,000 – £100 million – 1 to 18 months.
Bridging finance is a short term loan secured against property or land, used for speed and flexibility to bridge the gap until longer term finance, or sales, can be arranged.
This form of funding can be used to complete projects in the following sectors: residential property, land, commercial, mixed-use, auctions, property purchase, property refurbishment and chain breaking. Bridging loans are typically arranged for up to 18 months with far faster turnaround times than traditional mortgages.
Bridging finance can act as a quick intermediary between purchase and securing a mortgage.
If you are looking to develop and then sell a property within a short space of time bridging finance can fund the venture.
Fast Capital Raising
Bridging finance can be used if you need immediate finance in order to secure additional financing