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Bridging Finance Services
How bridging finance can help you move forward
We have a great deal of experience in providing bridging finance services to clients in the UK. The employment of a bridging loan can be very beneficial, especially if your business opportunity is time sensitive.
When entering into any financial contract it is important to be well informed, understanding the difference between a term loan and a bridging loan is important. A bridging loan is a high interest, short term financial service which is often used for property transactions. This form of lending is designed to be used for very short-term projects, or to secure funding until a long-term source of finance is established.
Bridging finance loans are a fast and flexible way to fund property deals. They do attract a higher rate of interest than term loans, typically between 1% and 2% per month, but this is only payable for a brief period. Funding can be received in as little as 2 days; however, allowing up to 2 weeks should ensure that you receive the best deal available.
If you are purchasing a commercial property you should be able to borrow around 70% of the value of that property at auction as a bridging loan. In the UK it is possible to borrow up to 100% of the property value, however loans of this size often require some form of additional security. Taking out a bridging loan against your domestic property can be an effective way of raising business funds, but you will need a certain level of equity in your home.
Another use for bridging finance is to take advantage of fluctuating interest rates. If your company is about to take out a large, long term commercial loan and interest rates are expected to fall, then a bridging loan can be used. Now the following month when interest rates have fallen the long term loan can be taken at a lower rate. The relatively small amount of interest which accrued from the bridging loan is more than compensated for by the saving made over the course of the long term loan.
At Strategy Corporate Finance we will use our experience and contacts in the bridging finance services sector to obtain the best deal available for you in the shortest possible time. If you have any questions regarding bridging loans or would like to discuss a business opportunity please do not hesitate to contact us on 0845 838 0936 or drop us an email.
Trolltech
To whom it may concern
This is a reference for Strategy Consulting Limited, who have successfully obtained a £100,000 small firms loan guarantee from Bank of Scotland on our behalf.
We have developed, manufactured and marketed a revolutionary new type of electric golf trolley which has been redesigned for a wheelchair propulsion unit. We were discussing the possibility of licensing a major wheelchair manufacturer but prefer to market the product our selves and to keep some control. This SFLG will allow us to do that.
Strategy Consulting have been tenacious to say the least. There have been many unforeseen twists and turns in the history of getting the loan, but John and Strategy Consulting have been up to the mark in every respect. We have just drawn down the monies into our account.
I would
wholeheartedly recommend Strategy Consulting to companies
requiring fund raising.
Yours sincerely
David Jackson
For Trolltech
Ltd
If you would like to know more about our range of corporate finance services, contact us today on 0845 838 0936 or drop us an email.
