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Bridging Finance
Short term funding, or to use it's well known term, Bridging
Finance, is probably the most under used form of
financing. A bridging loan can provide fast access to funding
with the minimum of formalities. Bridging finance can be used
in a number of different circumstances, e.g. refurbishment
- buying dilapidated properties and then renovating and selling
them in a short space of time. One of the most common usages
is when people buy a new property before their present one
is sold - "a bridge".
With bridging finance, the loan will always
be secured against residential or commercial property. A first
or second charge will be taken against new or existing property,
or a combination of both. Another great use for bridging finance
is for people who purchase property at auction, where funds
are required quickly. Bridging is much quicker to arrange
than a normal residential mortgage; on average 3-5 working
days from first enquiry to completion.
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Easy Bridging Loans understands and recognises that many
individuals and companies require bridging finance
for a variety of reasons. Below are several typical situations
where short term loans may be required:
Individuals purchasing their own domestic home and their banks
or building societies are unable to complete on time. Easy
Bridging Loans has completed a domestic purchase in 27
hours!!!! Providing a quick loan.
Individuals purchasing residential property, other than for
their own occupation, such as an investment or development
opportunity.
Individuals simply seeking capital raising on their own homes
or indeed any other acceptable residential property or commercial
property that they own or are purchasing.
Individuals purchasing a residential property or commercial
property at an auction, whereby their banks or building societies
are unable to lend until such time as the property is in a
mortgageable condition. Easy Bridging Loans lends on value
no matter what condition the property is in.
Companies seeking to raise money on their premises. Here bridging
finance is particularly convenient to counteract a short-term
cash flow problem bearing in mind that Easy Bridging Loans
can complete loans, even to companies, in under 48 hours.
Providers of quick loans.
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Bridging loans
Apply for bridging loans even if you have a chequered or bad credit history. We secure against your property not you. Residential or commercial bridging available. No credit check short term secured loans for any property or land owner. Bridging loans released immediately, 100% bridging loans in your account within seventy hours with no set up fees as we are the actual lenders not brokers. This is the original quick bridging loans service. Short term loans are our speciality.
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