A loan for a short-term period, typically two weeks to
three years, until long-term financing can be arranged
or an obligation is removed. Interest rates are relatively
high, often starting at 1.5% per month.
Bridge loans are used to satisfy working capital needs; for example, if you are looking to complete the purchase on a new property but havent managed to sell or to complete the sale on your current property your may take out a bridge loan. In doing so, it will plan to pay back the bridge loan with the money raised in the longer-term financing.
For more information on Bridging Loans or to send a general
enquiry please complete the form below.
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