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What is bridging
finance
Bridging finance is
a short term loan that are traditionally used as stop-gaps between
purchase and sale of property, but there has also been an increase
in the diverse use of loans where short term finance is required.
The loans can also be used for site purchase, self build projects,
property conversions, they are also used for a variety of other
purposes including property development, acquire to refurbish,
building up property portfolio, purchase of un mortgagable
properties, purchase at auctions, company acquisition, inland
revenue payments, company asset purchase, debt clean up before
remortgage, in fact they can be used
for anything legal purpose providing they are secured on a property.
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The companies we work with in the world of short
term loans offering bridging loan decisions in minutes and the ability to
transfer funds within 48 hours.
Due to the lack
of red tape that's normally associated with the high street
lending, this means that decision times have been slashed and the
time taken to transfer funds has been reduced. Our approach is to
offer you what you require fast, flexible view on all advances,
welcoming applications from all sectors of the market, having
facilities with lenders to provide loans in most European Union Countries,
Loans can therefore be arranged for periods from one to twelve
months or longer and all loans and mortgages can be secured on
commercial, semi-commercial, residential properties including land
with or without planning consents.
Where necessary as required we are able to offer facilities to
replace the bridging loan with longer term lender at the end of
your development, conversion, acquisition or project.
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