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Want Commercial Bridging
Finance ?
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Sometimes waiting for a
secured loan or a remortgage can be too long and
opportunities may be missed. Business moves fast and
sometimes cash flow is not available, in times like this
commercial bridging finance an be used. Businesses can
use this kind of credit for several reasons the main one
being to buy a new property while the other one is still
on the market. A predetermined interest rate is paid on
a monthly basis until the existing building is sold and
the funds can be used to pay off the whole loan.
Other times commercial bridging loans can be used to
fund cash flow problems, buy in stock, fund expansion or
in some instance stop bankruptcy. The unique feature of
this kind of credit is the short time in which the
commercial bridging finance loan can be completed
usually funds are received between 2 days and 10 days
depending on the information supplied at application
stage.
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- Terms
of Use
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- Apply
Today.
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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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