Are you looking to buy a new business? Want to keep your existing site up and running while you move so that your clients aren’t affected?
Bridging loans are short-term loans which allow you to keep your business running as normal while buying a new property.
Moving house is difficult enough but moving from one office to another in one day while keeping systems up and running and phones still ringing is a logistical nightmare.
A bridging loan can be used to fund the new premises until you move out and sell the old one leaving you with happy customers, unaffected by the changes.
They should never be seen as a long-term solution and it is always wise to have a time frame and exit strategy in place.
If you want to find out more contact one of our friendly advisers who would be happy to talk through your options.
Give us a call on 01332 300300 during normal business hours or leave us a message using the form below and one of our advisers will contact you within 1 business day.