Bridging finance is a short-term loan solution designed to help property investors, developers, and businesses access funds quickly. It is commonly used to bridge financial gaps between transactions, ensuring projects move forward without delays.
What Is Bridging Finance?
Bridging finance is a flexible, short-term loan designed to be repaid within a set timeframe, typically between 3 to 24 months. Unlike traditional mortgages, bridging loans focus on asset value rather than borrower income, making them ideal for fast-paced property transactions.
When to Use Bridging Finance
Buying Property at Auction – Securing fast funding to meet tight auction deadlines.
Development Finance – Funding construction or refurbishment projects before securing long-term financing.
Property Chain Breaks – Covering gaps when waiting for a property sale to complete.
Urgent Transactions – Addressing time-sensitive financial needs.
Benefits of Bridging Loans
Speed – Funds are typically available within 24-48 hours.
Flexibility – No rigid criteria; loans are tailored to project needs.
High Loan-to-Value (LTV) – Typically up to 70%, depending on circumstances.
Bridging loans are an excellent tool for investors and developers who need quick financial solutions. With expert lenders like Castle Loch Finance, borrowers can secure tailored funding solutions efficiently.
