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Bridging Finance is a short term funding ‘vehicle’ where clients have an intended exit route within a short timescale. Completion is possible in as little as 24 hours if all documentation is in place. We understand the importance of speed and have geared up our internal systems and external relationships with surveyors and solicitors for a fast response.First and second charge bridging loans are available for amounts from £26,000 and up to 100% funding can be considered with extra security.Uses for Bridging Finance include: Property Acquisition and Development: Bridging finance is especially useful for purchase at auction or if the property is to be developed and sold on within a short period. Cash Flow: Generating capital for business acquisitions, stock purchase, etc. Credit Repair: Funds can be used to discharge bankruptcies, clear CVAs or stave off repossessions. Chain Breaking: Purchase of new property when the current property is not yet sold.
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