Commercial Bridging Finance

Bridging finance is a method of short term borrowing for/on property. Initially it worked for people that had sold their house but hadn’t found a new property to move too and wanted the cash released from their current properties to enable them to negotiate a better deals.

Nowadays, a bridging loan can used for a multitude of purposes. These range from paying for one of your children’s weddings, to buying a second a second property.

Any UK property owner can apply and obtain Bridging finance. There are no rigorous checks undertaken as all bridging finance is secured against a property of some sort. This means that even people with previous adverse credit or bad credit history can apply and be accepted.

Unlike mortgages and secured loans, bridging loans are short term. This means that you are not locked into long term agreements like normal loans, which usually have an early repayment penalty too. You could borrow on the first of the month with us, and pay back on the thirty first with no early repayment charges. All you are charged is the one month’s interest. Bridging finance can be cleared immediately or within nine months, whichever is most convenient for you as you select your term.

All bridging loans are secured against property. There is no fixed term time. Our flexible bridging loans enable you to clear the loan with no early repayment penalties anywhere between one and nine months.

You only pay the interest on the loan amount you have over the period of time you hold it. Second and third charge enquiries are welcomed.