 |
Commercial Bridging Finance
Commercial Bridging Finance is short term financing which is paid back once longer term, lower cost financing is obtained.
Commercial Bridging Finance can help a business capitalise on an opportunity to purchase a property where the deal is too good to miss or speed is necessary to complete before a rival bidder.
Loans of up to 50-75% of the purchase price depending on status, increasing to 100% with suitable additional security.
The minimum loan period can be as little as 1 day but is generally between 2-12 months.
If the value of the property is more than the purchase price then it may be possible to arrange for up to 100% of a clients borrowing requirement to be made available.
