Our Bridging Finance products could offer a short-term borrowing solution to customers who need to facilitate a deal on a fast turnaround.
This might be the right range for you or your customers if they are:
• Buying properties at auction
• Capital raising
• In need of chain break finance
• Mixed use – ground floor retail with flats above
• Retail, warehousing, or office
• Commercial to residential conversions
Other premises such as restaurants, takeaways, hotels, day centres, leisure facilities are also considered on merit.
Key product features:
• Min. £50,000 – Max. £1m (inclusive of retained interest and costs)
• Initial term 12 months – can be extended at our option
• No early or part redemption penalties
• Competitive interest rates according to loan to value (LTV)
• Interest calculated daily not monthly
• Retained interest or monthly service
We are happy to understand your requirements and tailor a solution to suit. We will give an instant decision in principle (DIP). No forms to fill – our team will manage it all for you.