Get an Affordable Bridging Loan Here

Bridging Loans can be used when purchasing a new business or commercial property and there is a gap in finance.  We can help you get the mortgage your business needs quickly.

More about Bridging Loans

WHAT IS A BRIDGING LOAN?

This type of loan is a short term loan to aid property purchases or provide fast access to working capital.

When looking to purchase commercial properties there can be a gap in finance until a commercial mortgage has been agreed. 

Bridging loans are used to 'bridge' the gap in available funds so that the property purchase can still proceed.

Bridging loans are a form of shorter-term business loans and when arranged, the lender will secure the loan value against the property you are purchasing buying you time to sort out other finance options.

Commercial bridging loans are often used to purchase commercial units that are often then refurbished via new fit-outs.  Once the improvement have bene made the unit is often sold or refinanced via a commercial mortgage.

10 Min Application

We have a fast and efficient process that takes only a few minutes of your time over the phone.

Quick Decisions

Once all info has been gathered we can get your business a quick decision on your bridging loan.

Fast Pay Out

When a decision has been made, we can help your business get the funds it needs quickly.

BENEFITS FOR BUSINESS OWNERS

Overview of this product

  • Terms between 1 and 18 months
  • Available both as 1st charge mortgage and 2nd charge mortgage
  • Can be completed within 2 days to three weeks
  • Get access to fast finance when your business needs it
  • Ideal for Limited companies and foreign nationals

WHEN SHOULD THEY BE USED?

When Should a Bridging Loan be Used by a Business?

This type of loan product is used primarily for purchasing new houses or commercial buildings.  They are very powerful if you are trying to access cash quickly on a short term basis.  They offer a vital lifeline when you need to acquire a new property before selling your old one.

They can also be used for:

  • Releasing equity in a property to suit the cashflow needs of your business
  • Providing fast access to cash
  • Purchasing properties at auction
  • Buying a property that needs work doing on it before it would be considered for a commercial mortgage e.g. there are no toilet or kitchen facilities.
  • Purchasing a house or commercial property under market value.  If you find a motivated seller, having a bridging loan allows you to negotiate as if you are a cash buyer.  This often allows you to negotiate well to reduce the purchase price.

The great thing about Bridging Loans is that they can be approved very quickly.  Traditionally, bank loans can take a little longer to secure a deal so bridging loans provide a degree of flexibility that can come in handy from time to time.

HERE'S WHAT YOU NEED TO KNOW

More Information...

As these loans are designed to be used for the shorter term, they typically have higher interest rates.

Securing a bridging loan product is often easier that securing a traditional business loan that requires large amounts of information from you and your business.

Bridging loans offer real potential for a business to access funds quickly.  They can be used for a multitude of reasons and the great thing is that the lender often doesn't require as much information from you or your business. 

As a bridging loan is secured against your business's assets; the only thing most lenders want to satisfy themselves of is your ability to repay the loan.  They can remove a lot of the barriers when trying to access money quickly.

Have a question you would like more information on?

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