At Blaise Commercial Finance, we recognise that the property market moves quickly and sometimes a bridging loan is required to assist with a purchase.
We can provide you with access to funders who are able to provide prompt support to assist you, providing you with a quick solution to short term finance
Types of Bridging Finance
Short term finance solutions
A bridging loan facility is a short-term loan to raise funds required to ‘bridge’ the time between either a refinance or sale of a property.
They are typically more expensive than other forms of property finance, to reflect the increased risk taken by the lender and given the short-term nature of the facility.
Bridging loans can be delivered quickly by the specialist lenders who have the processes in place to do so.
Benefits of bridging loans
Commonly used for funding refurbishments of buildings. For example when upgrading existing residential property, or converting commercial to residential.
They can allow you to take advantage of acquisition opportunities prior to disposal of existing assets
They can be utilised by companies and individuals for a wide variety of purposes where funding can be tailored to your individual requirements.