Bridging loans are a type of short-term finance that is usually less than 12 months. These types of loans can be used by individuals or businesses.
The purpose of bridging loans is to ‘bridge’ the gap between the payment falling due and either the main source of finance being available, or funds being received from another source such as the sale of a property.
A great bridging loan example is that you have had your house on the market for a long time and it is not selling, and you need to move quickly, we can arrange bridging finance to bridge that gap.
We are experienced in offering all types of bridging finance from Residential bridging, Investment Bridging, through to development bridging loans and Auction finance.
Bridging finance can be arranged very quickly, sometimes in just a matter of a few weeks!
Interest can be rolled up and added to the loan or paid monthly.