Bridging Finance
Bridging loans can be the ideal way for a business or individual to gain quick access to short-term cash. However, it’s vital to understand the risks and requirements involved, and make sure you’re finding the best suited loan.
That’s where we come in at Evolve Commercial Finance. We’ll get to know your needs and talk through what lenders will need from you, then use our specialist knowledge to scour the market and find you the best options.
What is a bridging loan?
A bridging loan is a form of short-term borrowing designed to “bridge the gap” between a sale and a purchase, allowing you to buy a property while the sale of the previous one is going through.
Using your assets as security, it can usually be repaid within anything from one month to two years and can come with or without a fixed repayment date. There are also often no fees for early settlement.
Why not discuss your needs and bridging loan options with us today?
