Aiming high

The bridging industry is expected to set new records for lending in 2016 with the vast majority of brokers forecasting good growth.

Intermediaries expect rates to continue to reduce as the year progresses and lending increases. Bridging loans provide crucial support for borrowers with investment plans who need funding without a fuss. Bridging just keeps going from strength to strength as it provides fast and efficient funding for almost any project the lender has in mind.

No high street lender can match the speed and ease of completion that a bridging loan can offer. Lenders have been very quick to understand the growth of the business and continue to offer new products and improvements all the time.

One broker in Sussex said “bridging finance is on the up and costs are coming down which is a recipe for success”. “We are seeing more clients enquiring and far more completions they ever before, adding up to a sound business platform”. “Bridging finance has a vast array of uses and this seems to be growing by the day, clients are always looking for new angles when it comes to borrowing”. “For less the than half cost of borrowing on a credit card, businesses and individuals can access large or smaller amounts of capital”.

With the UK economy seeming to be sound and growing all forms of lending are steaming ahead but bridging in particular is making the biggest strides forward.

Why bridging?

1. Fast & efficient
2. Cost effective
3. Large array of uses
4. No early repayment fees
5. Allows time to arrange alternative lending

Can we assist?

If you would like to know more of how a bridging loan could be beneficial to you please call one of our advisers who will be happy to help.