BRIDGING LOANS

short term loans that makes things happen

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BRIDGING LOANS EXPLAINED

A Bridging Loan is usually a type of short-term loan. It’s best thought of as a temporary loan which will get you from A to B, until you can either clear the loan in full or secure a more permanent form of finance.

That’s where the ‘bridge’ idea comes in. to get you from one stage to another. It can sometimes take weeks for some lenders to complete a short-term loan application. However, Goldmann’s can provide you access to bridging loan providers that can have a solution ready for you within 24-48 hours.

A speedy bridging finance solution can provide borrowers with quicker access to capital with the minimum amount of red tape.

A Bridging Loan is essentially a short-term loan that is often arranged within a short time frame and usually to an individual or company and secured against residential or commercial property. The defining characteristic is that it is a loan that bridges the gap to an exit, which is usually a refinance or sale of the asset. For businesses, a Bridging Loan is generally used when a company requires additional funds to help boost its cash flow for acquisition purposes.

Bridging Loans for property can be used to break the property chains and provide a short-term finance solution where there is a delay between the completion dates. Another typical reason why bridging loans are used is when properties are purchased at auction. Developers and landlords can use a bridging loan for development or renovation purposes. In most cases you may need finance fast to move quickly and capitalize on a particular opportunity.

Our team of specialist advisors are ready and waiting to hear from you to help provide you with the right solution for you

RELATED SERVICES

MORTGAGES

CORPORATE REFINANCING

BUSINESS LOANS