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Postal Address
1st Business Finance
P.O. Box 108
Chard
Somerset
TA20 9AY

0845 226 3072

 

Bridging Loans

Business Funding UK can offer our clients flexible finance solutions, so they can secure the business premises they need with the commercial mortgage which is right for them.

On occasions, we can also offer business finance for 100% of the purchase price (or 80% of the property value, whichever is lower) in the form of a closed commercial bridging loan. Closed bridging loans can obviously only be offered to those applicants who have exchanged.

We can also offer open commercial bridging loans (available before completing) for up to 75% of the property value.

Bridging loans available from £25,000 to £50,000,000.

Non status or Self Certification facilities are available to customers without income proof.

Credit problems such as mortgage arrears, loan defaults or county court judgements are sometimes accepted.

Offer of loan maybe released within 24 hours upon receipt of full application form, valuation reports and financial information.

Example of a recently completed commercial bridging loan:

Our client purchased commercial investment property at £3,750,000.

The sale was negotiated with a third party to complete in three months time at £6,600,000.
100% of purchase price (£3,750,000) was approved by the bank at 4% over base rate.

To get a quote please complete the enquiry form you could be another success story......

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Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debts secured on it
The guidance contained within this website is subject to the UK regulatory regime, and is therefore targeted at consumers in the UK only

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