Bridging Finance
Bridging finance is the term used to describe interest only, short term funding (usually up to 12 months) secured on land or property.
Speed of completion is usually critical as bridging facilities are often required to resolve a temporary cash flow problem or to meet tight deadlines.
One of the unique aspects of bridging finance is that, unlike many longer-term financial products on the market, the borrower is not heavily penalised for repaying the principle sum earlier than the contractual term.
Bridging finance can be used for a variety of purposes including:
- Capital raising for business acquisitions
- Property Development
- Property conversions and refurbishments
- Auction purchases
- Meeting short-term tax liabilities
We can get in principle decisions within minutes and achieve cash drawdown within 10 working days. If you need short term funding and fast call us now on 0800 988 9254 for a no obligation quote.
ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
A broker fee of upto 1% may be charged.
Start Commercial Mortgages is a trading name of Start Financial Limited, Forum House, Stirling Road, Chichester, PO19 7DN.
Start Financial Limited is an appointed Representative of BDS Mortgage Group Limited which is authorised and regulated by the Financial Services Authority for Mortgages and Non-Investment Insurance FSA number 301646. Mortgages secured on commercial premises are not regulated by the FSA.