What is bridging finance?
This funding solution lets you tap into equity in existing property as a down payment on future property purchase or development costs. If you can’t get a mortgage until your current property sells, this type of commercial property finance bridges that gap.
A bridging loan is intended to be a short-term solution to tide you over until long-term credit becomes available: expect to borrow for 12 months or fewer. Your chances of being accepted are higher if the long-term credit solution is already organised: if you know this date, you are eligible for a closed bridging loan. Otherwise, an open bridging loan gives you the flexibility to borrow without a fixed repayment date.
Pursue property and development aspirations
Bridging loans are perfectly suited to property investment and development, and buy-to-let schemes. They are suitable for residential and commercial properties, giving you the flexibility to succeed.
Access Commercial Finance offers commercial bridging loans of £50k to £2m with fixed and competitive interest rates. We have no hidden fees and consider applicants with adverse credit. Talk to us today to see whether a bridging loan could be suitable for your business.
Bridge the gap between due debt and long-term credit
Quick and easy short term finance solution
Ideal for property related investments
No early repayment charges