Bridging has the X factor

The X factor is now off our screens for another year, the show’s title could be associated with bridging finance setting it apart from its rivals.

The auditions, when other financial options were struggling bridging last year shone through and delivered a magnificent performance all round. Just ask the brokers as they are the judges. Bridging lenders decision to be pragmatic rather than use box-ticking methods allow them to stand out from high street lenders. Other forms of lending seem to want to know your entire life history, bridging just requires the really important information.

Boot camp now, bridging lenders excelled as the industry could offer much faster performances than any other form of lending in the market. Bridging loans from start to finish on a “clean case” can be completed in a matter of days rather than weeks.

The judge’s homes, the flexibility of the industry proved a huge hit. Bridging is far more flexible than the alternatives as you can pay off early with no penalty as and when the long term funding is secured.

The finals, bridging has become the obvious favourite due to the significant boost it can give to any business project. The loan allows the lender to make the most of the opportunities available so they can perform with precision timing.

Having now won the competition bridging finance is more popular than at any time in the past. With record lending set last year the industry now looks forward to a very bright future.

Like some help?

If you would like to know how bridging could help you please call and one of our fully trained advisers who will be happy to assist.