Bridging Loans,Bridging Finance
These are typically short term finance facilities, for periods of 1 day to 1 year, for large sums of money ranging from £50,000 to £5 million. Bridging loans can be arranged quickly and are secured on the equity available in property owned by the borrower. Security can be provided by one or more properties on a first, second and sometimes even on a third charge basis. This type of facility can be arranged for both individuals and businesses and has flexible lending criteria. There are many bridging loan providers, including a number of very specialist lenders, allowing us to also provide facilities for periods of up to 2 years when required. We also have access to a number of niche lenders who specialise in providing very large commercial bridging loans up to, and in theory above, £100 million!