Bridging finance is designed to provide a short-term loan for a specific purpose against an asset owned by the client (almost always property or land) at a particular Loan to Value (LTV). If you require a Short Term Loan and need the funds quickly, we can provide funding for any legitimate purpose over loan terms ranging from 1 day to 24 months. Obtaining bridging finance is, in essence, a simple process and loans can be secured on both Residential and Commercial Property Assets and Land / Development Sites.
Bridging finance is generally used when there is a crisis which can take the form of a “good crisis”, i.e. “I need to raise this money quickly to take advantage of an opportunity to make more money”, or a “bad crisis,” i.e. “If I don’t raise money quickly I am going to have a property repossessed”.
Some potential uses;