Classic bridging loans are designed to do as their name suggests which is to bridge the timing gap between completing on a purchase of a new home and the sale of the present one. However, these days bridging loans are used whenever a borrower needs short-term finance quickly.

Drawdown often takes place within 5 days of the enquiry being received. An Agreement in Principle can be achieved within 2 hours. A bridging loan is not designed to be a long term funding solution and is best utilised to provide immediate liquidity for property transactions that would otherwise fall through if not for the availability of a bridging solution.

It can also be used to provide a business with urgent cash flow until the property can either be sold or re-financed.

• Fast bridging loans from £10,000 to £5,000,000.
• 1-36 month terms
• Market Leading rates
• 100% LTV available (additional security required, otherwise the maximum LTV is usually 75%)
• No accounts or proof of income needed.
• Completions in 5 working days (other firms may promise more but do not deliver)