Commercial bridging loans are a type of flexible loan arrangement intended to provide short term financing until an exit strategy, like a refinance or sale, can be executed. A commercial bridge loan provides financing to purchase a commercial property that’s in need of significant renovations or upgrades.
For instance, if you are looking to purchase a commercial property under auction conditions and must complete in 28 days, a commercial mortgage would be almost impossible. However, a commercial bridging loan would be used to fund the purchase on time.
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- Market leading rates from 0.44%/month
- Terms within an hour
- Up to 100% LTV (loan to value)
- Up to 3 years period
- Loans available up to £100 million
- No upfront fees
- Expert broker service
- Whole of the UK market
- Authorised and regulated by the FCA