Bridging Loan
Need loans to fulfill short term personal or business needs, then a bridging loan is apt for you. It’s nothing but a short term loan and is popularly known as a bridging finance loan. If you want loan for new house without selling the old one then you can get finance under bridging finance loan.
The duration of a bridging loan is as short as a few days to a few weeks. The maximum loan period is about two years. It can be arranged within a short period of time and is easily available to meet your immediate needs. Even with bad credit situations like CCJs, defaults on payments, bankruptcy you can avail loans but you end up paying high rate of interest. The rate of interest of home bridging loan depends upon credit scores and value of the collateral. Higher the value of collateral and credit scores greater is your chances of obtaining cheap bridging loan. But be mindful of the fact that if you fail to pay then you are sure to lose your home.
The purpose of your supermarket could be for your new home or for your business expansion, based on your requirements you either opt for home bridging loan or commercial bridging loan. With our loans offered at an affordable rate to you, you no more have to delay your expansion plans anymore.
Your experience with us will be quick and efficient, besides being confidential and friendly. So simply click on the Apply Now link to fill out and submit a short application to us. Your bridging loan UK representative will contact you as soon as possible and guide you through the bridging loan process!
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