Give me the facts
ELEGIBILTY
Sole traders, corporate, overseas and trust borrowers looking to purchase/refinance property in England, Wales, Northern Ireland and Scotland.
We also have funding for Ireland.
Up to 70% loan to value
MINIMUM AGE
21
MAXIMUM AGE
No upper limit – subject to underwriter review
AMOUNT
£100,000 – £50 million
DURATION
From 1 month – 3 years
REPAYMENT
Monthly serviced or rolled up
INTEREST RATE
From 0.44% per month
SECURITY REQUIRED
First or second charge registered against a property/site
SPEED OF DECISION
Quote within 10 minutes of enquiry, credit backed decision the same day
TIMING OF CASH
Can be funded as quickly as 48 hours but normally in under 10 working days
APPLICATION PROCESS
Online enquiry, call, postal applications or face to face meeting
What can I use a commercial bridging loan for?
Finance for business purposes, new premises, land or business growth
Light refurbishment and heavy refurbishment
Buy to let, HMO, investment portfolios and the following commercial classes:
Retail units
Warehouses
Land with or without planning
Restaurants
Industrial units
Settle insolvency matters
Cafes
Factories
Stop repossessions
Guest houses
Nursing and care homes
Hotels and public houses
Offices
Key Features
Interest calculated daily
Rolled up interest facility
Valuation and legal fees at cost
Plans with no early repayment charges
