| Bridging Finance |
| |
Bridging Finance is a very flexible form of short term funding, compared with conventional forms of finance it is very quick to organise and draw the money.
Bridging Finance Loans can be secured on either a first or second charge basis on residential or commercial property or on land and development sites with or without planning consent. This type of loan is usually taken out to solve a cash shortfall that may arise when buying a property or funding a commercial or residential project or can be used against property that is not suitable for a standard bank loan or mortgage.
A Bridging Loan is normally associated with clients seeking fast funding for reasons ranging from buying a property or funding a commercial project – investment or development. |
|
|