Commercial bridging storming away

The UK economy over the last 3 years has improved a great deal and this has created confidence within the business sector. Gradually over the last 3 years we have seen more bridging business deals complete month on month. It appears this new found confidence remains as last month saw a record number of commercial deals complete in record time.

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 rather than months. This then allows the investor time to find alternative funding for the purchase and thus offering peace of mind.

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 bridging loan is usually secured against the property you are buying but other options do exist.

Most popular uses

There is a huge range of uses for commercial bridging which is far too long to list but the top 4 uses at Fastest Bridging are as follows.

1, General business expansion

2, Purchase of business premises

3, Buy-to-let property

4, Payment of taxation

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.