Bridging financing options expand

2015 has seen bridging finance reach new heights in lending. More and more people see this type of funding to be the way forward. Lenders have been quick to see the potential to introduce new products to fit the growing demand.

All this spells very good news for the borrower as the product choice expands giving more flexibility. We reported last week how fees and rates were reducing in line with mortgages.

As so many changes are taking place on a rapid scale it is certainly advisable to contact our advisers to see what loans are available to meet your requirements. This course of action could well save you a great deal of money in the short and long term.

Commercial bridging

With so many new deals coming onto the market commercial bridging has taken a swift upturn. Traditional banks still see this type of business as viable but the length of time it takes to complete can be very frustrating and many deals collapse due to this problem.

Bridging can take all the frustration out of such a deal often completing in days. This then allows the investor time to find the correct funding for the purchase.

Commercial bridging is a short term loan usually for 12 months or less, which can be used against the purchase of a commercial property. The loan is normally secured against the property you are buying but other options do exist.

Looking for help?

Here at Fastest Bridging we pride ourselves on attention to detail and speed of service so if you need assistance please give one of our advisers a call. We have advisers experienced in all areas of this type of funding and look forward to hearing from you.