Bridging Loan group

We’re an appointed representative that assists you in comparing Bridging Loans up to £100 Million. We have decided to become an official partner of Your Commercial Finance who will deal with your entire application, please fill out our interactive form and one of the team from Your Commercial Finance will be in touch today. Bridging Loans As Easy As 1, 2, 3 1. Speak to one of our experts so they understand exactly what you need, how much you want to borrow and all the other fine details. 2. We’ll decide the best bridging loan option for you and begin processing your application and the funds could be released within days. 3. We’ll guide you through every step of the application process until completion day and beyond and any questions you have will be answered. To summarise, bridging loans are typically used as a quick funding option to buy a property, or finish a development, before an individual can get access to their own funds. This would usually be the sale of an existing owned property. However, the service of bridging finance has increased in popularity and is usable for other purposes. It helps to picture the loan as to ‘bridge’ a gap between a debt coming due and credit becoming available. Here is one instance of how it can work: You find a dream home you would love to buy. You’re selling your current home to fund buying the new one. The sale is delayed, and you’re worried someone else might come and buy the dream property. To prevent this, you can take out a bridging loan (secured against the current home) and use it as a down payment on the dream place. A few months later your old home is sold and is used to pay off the bridging loan.