Commercial Bridging Loans

Commercial bridging finance can be arranged for a number of reasons; there may be a need for finances for land or property development, the purchase of assets for a business or even meeting tax liabilities.

We can arrange commercial bridging finance quickly and cost effectively in most cases.

Here are some success examples:

Bridging Loan for Property Development:

As part of an inheritance a client had acquired a large plot of land in Yorkshire, which had planning, approved for a six-bedroom house. The build cost totalled more than £300,000.

There was a requirement to finance 100% of the project and after reviewing the valuation we were able to offer this.

The project was broken down into 5 funding phases and 1st phase funds were released within 48 hours of signing and the whole project completed within 5 months.

Bridging Loan to Refinance Assets:

An engineering company Directors had the chance to purchase some capital equipment, which they were convinced, would increase their company’s sales revenue by a factor of 10.

They considered asset finance but decided it was cost prohibitive.

We were able to secure bridging funds for them within 4 days. In total they borrowed £84,000 secured through other properties they owned.