Bridging has a bright future

Some 57% of brokers working in the fields of bridging, development finance and asset finance have reported a very busy start to 2016. Those asked said bridging finance is clearly the market leader with more and more clients putting faith in bridging loans for business development.

This year has seen a large increase in the bridging market as more borrowers look to secure faster finance for their upcoming projects. Traditional high street lenders just do not have the capacity to compete with specific bridging loan companies for speed and efficiency.

Bridging finance has a vast array of uses and this seems to be growing by the day as lenders become more flexible. One of the key areas this form of lending offers is speed of advancement and this can be as little as 6 days on a “clean case”.

Of the brokers surveyed nearly all of them can see a very bright future ahead for bridging finance. One broker in Kent commented “Bridging has a great deal to offer the borrower these days interest rates are lower and the speed of completion is getting faster all the time”. “We really do see a very bright future ahead for bridging as its fast and flexible”.

With such a wide range of uses it may well pay you to check out just what bridging has to offer if you are looking to raise finance quickly.

Can we help?

If you require assistance for financing an upcoming project please do contact one of our fully qualified advisers who will be happy to help.