Bridging Loans
We can provide fast funding to 80% of the value (100% available) which is suitable were speed is of the essence. It can be used to purchase and re-finance businesses,
It can be taken over 1 to 12 months.
Benefits include :
Roll up of interest so no monthly payments required
Interest rates from 0.5% per month
First or second charges available
Adverse credit considered
Accounts and bank statements not normally required
Loans from £30,000 with no upper limit
100% funding with additional security
Most types of security acceptable including properties in poor condition,
unfinished, land, investment properties
Loans can be based on valuation – useful when buying a property at below market value.
Immediate decision in principal.
This is an ideal vehicle where fast funding is required. A long term commercial mortgage can then be used to redeem the bridge where required.
