For Customers Who Want To Capitalise On Opportunities Fast!
A bridging loan is a short term loan, secured against property or land and is used to "bridge" the gap, until longer term finance is arranged or the security is sold. The key to a successful bridging loan application is a credible exit strategy.
Bridging loans can be arranged for any legal purpose and are typically used in the following scenarios:
- Auction purchases
- Secure a property quickly
- Refurbishment (light and heavy)
- Purchase uninhabitable properties
Where a short lease property cannot be funded in a conventional way
- Capital raising
- Development funding
- Land purchase pre-planning
- Gifted transactions
- To cover cash flow needs
- Conversions and title splits
- Site acquisition
- Planning applications
Prestige Finance Solutions works closely with our lending partners to provide you with fast, flexible bridging solutions tailored to suit your needs.
For all bridging inquiries, please call our Bridging and Commercial Team on 01202 677999