Bridging finance can be a vital financial facility for property developers, landlords and anyone purchasing property at auction or looking for quick cash to secure a property or deal.
As an alternative and fast funding mechanism, bridging finance loans are designed to be repaid over a short term.
Bridging Finance Offers Flexibility
Many investors, contractors, deal-makers and developers utilise the convenience of bridging finance for property transactions.
Additionally, bridging loans can also assist home movers or landlords that are looking to purchase a house or building but still need to sell an existing property.
Bridging loans have other fast-finance purposes too such as paying for a refurbishment, cash for a deposit on a property or to purchase property without the guarantee of a mortgage.