Bridging Finance

A "bridge" is a short-term loan to provide temporary financing until more permanent financing is found

Bridging business finance or a bridging loan can be used for a variety of purposes, the following list being just a few examples:

- To enable the purchase of one property before the completion on the sale of another.

- Temporary funding for the purchase of a 'defective' property, pending completion of repairs and draw down of a long-term mortgage.

- To fund the urgent purchase of a property, pending arrangement of a long term mortgage. This of course can apply to an investment property when there is insufficient time to arrange a buy to let mortgage to complete the purchase. For example the property may have been bought at auction.

- To capital raise for any purpose, pending a sale of the security property.

- Distress refinancing to enable a property to be sold in a controlled manner (as opposed to a forced sale).

Bridging finance is more expensive than mainstream business funding, however, there are occasions when it is necessary. In these circumstances, we will deal with the leading institutions on your behalf to find the most tailor-made solutions for you.

Specialist Funding arrange structured finance for businesses within the following areas:

• Management Buy-Out
• Management Buy-In
• Invoice Factoring & Discounting
• Asset Finance
• Commercial Mortgages
• Bridging Finance
• Development Finance