Bridging loans are used whenever a borrower needs short-term finance quickly. Drawdown often takes place within 5 days of the enquiry being received.
A bridging loan can be the most efficient and flexible mortgage product for your business. Finance can be arranged within hours and the repayment terms are flexible, with no early redemption fees or onerous lock-ins.
A bridging loan is not designed to be a long term funding solution and is best used to provide immediate liquidity for property transactions that would otherwise fall through if it wasn't for the availability of a bridging solution.
There are a number of situations that suit the short-term flexibility of bridging finance...
- Raising capital for many purposes
- Refurbishment and resale
- Auction purchases
- Credit repair
- Purchase undervalue
- Beating that deadline to buy
Call Mortgage Trolley Commercial Mortgages now to discuss your need for short-term finance and we’ll find the best bridging solution for your business.
T: 0845 6430 121
M: 07940 162 584
or complete our quick enquiry form and we will contact you as soon as possible.