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Bridging Finance
Short term finance enables businesses and investors to take advantage of opportunities which require transactions to be completed quickly. The focus on this type of finance is speed. It’s about closing the deal as quickly as required. Bridging loans give you a stronger negotiating position when buying property, enabling you to buy without a contingency on the sale of your existing property or other assets.
A Commercial Bridging loan can also be used for any purpose including investment property purchase, working capital, equity release, auction purchase, stopping legal proceedings.
We can arrange a bridging loan from £500k - £50m on a first or second charge basis. A typical bridging finance loan to value (LTV) is 70-80% against the Value of the property, with 100% possible if additional security is available.
+ Need to raise funds in a few days (72hours is achievable)
+ Require a second
+ Have a poor credit history
+ Have no accounts or proof of income
+ Need to pay off arrears
+ Wish to purchase at auction
Whatever the reason for your bridging loan, we have access to many scheme and will provide a fast service and will contact you immediately to discuss your enquiry. Apply now. |
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