Found your dream home but not sold your existing house yet? Looking to buy at auction? Looking to develop a property or complete renovations for a quick sale?
Bridging loans can meet the gap in funds to make these projects possible. Short-term loans that act as a stop gap while you are waiting for finances to be realised these are, as the name suggests, loans to ‘bridge’ a gap in finance.
They should not be seen as long-term solutions and it is wise to always have an exit strategy and time frame in place to make sure that the loans work as intended.
Here at Commercial Finance Arena we can help you look at your short-term funding options when you need the funds now to complete on a property while waiting for your house to be sold or other finances to come through.
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.