Bridging Loans and Commercial Finance
Bridging loans are used to ‘bridge’ the gap between a debt becoming due and the line of credit becoming available, or, in some circumstances, they can be used as a short-term loan.
Help with Bridging Loans
Generally, bridging loans come into their own when you need to arrange a property purchase that otherwise wouldn’t be possible. For example, if you haven’t completed on the sale of your home yet and need to move on the purchase of the next property.
Bridging finance can also help if you’re buying at auction. Our trusted partners will understand your current circumstances and exit strategy and then match you with the right product to suit your individual needs.
Help with Development Finance & other commercial lending requirements
Development finance is another highly specialised and complex area which can be broken down into stages. The first phase of the loan finances the purchase of the site, and the second phase finances the build of the project, with funds released in stages as they are completed.
Our sister company, MB Commercial & Specialist Lending, can help with development finance and other types of commercial lending for business owners and entrepreneurs. For more information, visit mbcommercial.net