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Need Business Bridging
Finance ?
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One of the most common
uses for business bridging finance is when you are
looking to relocate your businesses premises. The way
commerce works is that it is very difficult to sell your
existing building at the same time as moving into your
new building. In instances like this you may need
financial help to purchase the new property before the
sale of your existing building.
If you are looking at such a situation then business
bridging finance could be the answer. It is finance that
is secured against the old property, new property or a
combination of both. Normally payments are only made on
the credit on a interest only basis. Once the old
property has been sold then the loan is paid back in
full.
As well as using the finance to help with moving
property businesses can use bridging finance for other
reasons such as expansion of business, land buying or
for any legal reason you see suited.
Bridging
Business Finance Quotes
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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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