Our consultants have a great deal of experience in providing Bridging Finance to our clients. If time is short on an investment project or development, bridging finance can be very beneficial. This type of finance is very expensive and usually of a short term it is, therefore, essential to get the most advantageous deal.
At Capital brokers we will make it our aim to get you the best rate, most suitable term in the shortest possible time. Our goal is always to ensure that your business is operating efficiently and with the best possible finance to meet your needs.
A bridging loan can provide one of the fastest accesses to funding on the market and with a minimum of formalities. A bridging loan can be used to refurbish or equip an existing business or to buy and repair dilapidated properties, which are later sold. Nor does it end there because a bridge can be obtained to act as a clearing agent, effectively giving the client a clean record to obtain a long-term commercial or semi-commercial mortgage.
The bridge then is a short-term fairly high cost loan, usually between 1% and 2% per month but only for a short time. This allows the entrepreneur to achieve his or her goals and maximise profits. Costs are invariably higher if an appropriate bridge is not taken.
Purchasing a commercial property a bridge usually provides 70% of the price but 100% can be achieved with additional security. To begin using our experience and contacts to meet your needs please click below to leave your information.