A bridging loan is a form of short term funding secured again property, either residential or commercial. The bridging Loan was traditionally used to complete when a property purchase chain had broker down, however, more recently the variety of purposes where bridging loans are used have increased over the years as more lending providers have entered the market.
Our specialist bridging finance team is able to arrange bespoke bridging facilities in the market that offer great value, we can also arrange the exit on the bridging loan where required, often on bespoke terms not widely offered throughout the market, giving you peace of mind of having an exit option set up prior to completion.
Bridging loans can be arranged under the following circumstances and terms, not limited to
· Regulated and unregulated loans
· Chain breaks
· Limited company applications
· Stage payment releases
· Auction purchases
· Properties requiring refurbishment (light, medium or heavy)
· Full development bridging
· 100% loans available
· Light and heavy refurbishment options
· Non-mortgagble properties
· Below market purchase
Sterling MC Commercial Finance
3 Afal Sur, Barry
Vale of Glamorgan
CF63 1FX