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Discussing the Numbers

Bridging

A bridging loan is a tool to take you from a vision to an outcome. It is a short-term loan that is often arranged within a short time-frame and may be provided to a company to quickly close the gap in the purchase of a property.

Specifics

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  • Open Bridging Loan

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Open bridging loans are more flexible and most suitable for people who are uncertain about when their finance will be available. 

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  • Closed Bridging Loan

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A closed bridging loan is a form of finance where the borrower has a clear and credible repayment plan or exit strategy in place. 

Can i get it?

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  • Depending on up front contribution from the business

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  • The credit profile of the business

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  • The strength of the asset

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  • The exit strategy

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Benefits

Quick acceptance turnaround

Large amounts

Flexible borrowing

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