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Need A Commercial
Bridging Loan ?
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Business nowadays is a
very competitive place and having adequate funds to
finance new ventures is important. If liquidity is low
and you need finance to help fund a new venture or
purchase of property until more permanent finance can be
arranged, then a business commercial bridging loan could
be the answer. This would allow you to get hold of the
financial means required to bridge the gap in as little as 2 to 10 days.
Possible commercial uses that a business could need a
bridging loan for can include, property developers
buying land or property at auction or where a quick
completion is needed to tie in a large discount. Another
application of this kind of lending is to assist
property developers finance refurbishments, conversion
or rebuilds.
Credit history such as CCJs defaults arrears or other
bad credit scores don't usually affect commercial
bridging loans as the finance will be secured on other
property or assets that you have. Terms are variable and
can normally be between 1 and 36 months. To find out
more we suggest you speak with a specialist commercial
bridging loan lender.
Bridging
Commercial Land Loans
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| Who's Suited |
- Purchasing
property at auction.
- Property refurbishment or conversion.
- Chain breaking mortgages.
- Homeowners who have been or about to be repossessed.
- Funds required within days not months.
- Short-term finance for business purposes.
- Commercial property purchase and refinance. |
| Features |
- 100% LTV
Available.
-Market leading rates from 0.75%.
-1st charge or second charge equity release. |
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