Bridging Loans
What are Bridging Loans?
Bridge financing, often in the form of a bridge loan, is an interim financing option used by companies and other entities to solidify their short-term position until a long-term financing option can be arranged. Bridge financing normally comes from an investment bank or venture capital firm in the form of a loan or equity investment.
Types of Bridging Loans
Commercial
A commercial bridging loan is a short term loan secured against a commercial property. They can be against any type of commercial property and are a fast wat to release equity in or help purchase a commercial property.
Residential
Residential bridging loans are a quick way to release equity tied up in the property you live in or another property you own to help fund another property purchase.
Development
This is a loan which is they look at what you are using the money for and their exit. They can be secured by a 2nd or 3rd legal charge.
Developer
If you are a developer, accessing cash is vital to securing opportunities. Developer bridging loan is a revolving credit facility and you can draw down without waiting for the decision or formal offer.
Refurbishment
A property might need a light or heavy refurb. you can use a short term bridging loan to complete any necessary work.
Other Assets
Bridging loans don't have to be secured against a property. Any asset with a value can be considered. Cars, artwork, jewellery are all examples of assets that can be secured against a loan
Contact us today
We are always looking for new and exciting opportunities.
Contact us for more information on
01825 520105 or by email at info@boundaryfinance.co.uk