Your Guide to Commercial Bridging Loans
Most businesses will need extra funding every now and then from a lender. The reasons for this vary – some businesses only need a small cash injection to tide them through a tricky month, whereas others need more money to scale up their business in accordance with a defined time frame. In either instance, commercial […]
How Long Does it Take to Get a Bridging Loan?
Bridging loans are a form of short term borrowing for businesses that need to bridge the gap between making a payment and securing another type of finance. They’re often used to secure property before a mortgage application goes through, but they can be used for all manner of business needs, provided the loan terms agree […]
How Much Does a Bridging Loan Cost? Rates and Fees
All commercial loans come with fees and interest, and bridging loans are no different. The cost of bridging loan fees is considerably higher compared to other types of commercial finance, with increased rates of interest and arrangement fees, but this doesn’t make them inherently unaffordable. Read on to find out how much a bridging loan […]
Bridging Loan Criteria and Eligibility: Who Can Apply?
Bridging loans provide you with quick access to large loan amounts, but there is a set of bridging loan criteria you need to meet to be eligible in order to apply. If you’re unsure whether you might be accepted for a bridging loan, read on as we explain everything you need to know about the […]
