| Bridging Finance is the term used for short term borrowing and like a mortgage is secured on property or land. A bridging loan can be used as a solution to a temporary cash flow problem for up to 12 months. Since bridging finance is a much faster and simpler method than a conventional mortgage it can provide the answer for rapid funding, with a more flexible process, without rigid lending criteria.
Given that speed and convenience are two of the main advantages more people are beginning to realise that a bridging loan could be the ideal solution to a wide range of personal and business financial situations, especially when funds are required in days rather than weeks.
Bridging loans are available for a whole range of finance requirements and can be used for any purpose. As experts in providing bridging finance to suit individual needs we are able to meet most secured loan requirements. Since bridging loans are secured on your property we consider all applications irrespective of your personal circumstances.
Bridging finance can be applied for by anyone who is a mortgage, remortgage or property or home owner. Your bridge loan will be secured against your house or property. Bad credit loan enquiries are most welcomed as your loan is secured against your home, not your credit history. You are welcome to apply for bridging finance for commercial or business purposes or for if you are a homeowner. We accept the following bridging loan applications:
- Individual
- Partnership
- Sole trader
- Self employed (with or without accounts)
- Landlords
As long as you have a property which can be used as security you are eligible to apply for loans for bridging even if you have :
- Mortgage arrears
- Remortgage arrears
- A bad credit history
- Been declared bankrupt
- CCJ's
- Been refused elsewhere
And we offer :
- Loans from £50,000 to £25,000,000
- 1st and 2nd charges
- Same day decisions
- Friendly service
- All types of property accepted, including land
- Up to 100% LTV with additional security
- Best possible rates and terms
- Speedy completions
For more information click here to see our FAQ section or get quote here
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