Bridging for business

The most common form of bridging any broker will tell you are property related transactions, for example bridging to buy at an auction as funding is currently not in place. Or perhaps a client is using a bridge to buy their dream home as the one they are selling has not completed on time.

This is fully understandable, as these are certainly very common uses for a bridging loan. But at the same time, it’s very important to remember that bridging finance can be used for so many other reasons. One area of growth we are seeing at this present time is solving complicated business-related issues.

Last year we saw an increase in our lending to such cases as more and more people become aware of how bridging loans can be utilised. Bridging loans can be trusted to deliver on time and it’s really just another form of alternative financing for the company.

So how can this help your business?

1. Purchasing additional manufacturing equipment to meet rising demands
2. Settling larger than expected tax demands
3. Purchasing larger than normal retail stock
4. Assist in temporary cash flow problems

This is just a very small sample of uses bridging finance has within the corporate sector. Bridging finance can be in place in a matter of days rather than months that the high street lenders require. So if you think this could help your business call us to talk over your requirements.