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Bridging Loans

Bridging Loans

Posted by icabf
Posting ads for 9 years
A bridging loan is effectively a short term loan secured on property by way of either a first or second mortgage. Short term bridging loans can provide invaluable help in cases of temporary cash shortfall.
  • Bridging loans can be used for a number of reasons:
  • Purchase of a new property before an existing property has been sold.
  • Purchase a property for improvement or extension and then resale.
  • Auction purchase
  • Complete purchase of an overseas property
  • Capital raising
Usually a bridging loan is for a period of between 3 and 6 months, however a longer term may be justified under certain circumstances.
Completion of the loan can be in as little as 5 days.
you could borrow from £100,000 to £25,000,000 with up to 100% of the purchase price

International Commercial and Business finance
17 Bethesda Rd
Swansea
SA8 4QQ
UK
(Call 0845 226 7141 for more details)
e-mail: [email protected]
www.icabf.com

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