Property Finance - Bridging - Business finance for SMEs and scale ups

Property Finance: Bridging

A short-term loan that can help you bridge the gap between now and your end goal. Loans typically last for 12 months but can stretch up to three years.

As bridging loans are a type of secured loan, you’ll need to use an asset as security when you apply for your loan. This could be one property or multiple properties. You can secure the loan against the property you’re buying as well as your existing property. If you’re unable to repay your bridging loan, the lender has a right to repossess the properties with a view to selling them to recoup its money.

What does it look like?

Each lender will have its own list of eligibility criteria if you want to take out a bridging loan.

Typically LTVs up to 70-80%
Loan Size up to £25m
Deposit size for a purchase 25% to 30%
Adverse credit allowed
Rates from 0.5% per month

Examples of Exit Strategies

Bridging requires a clearly set exit strategy so the lender knows how they will be repaid

Sale of the property

Refinancing to a longer-term mortgage

Private investor will provide the funding to repay the loan

Other business investments maturing to repay the loan

Is it right For You ?

Bridging is appropriate for companies and individuals in the following scenarios

You have a clear exit stratergy

You have sufficient equity in your properties

Your current business financials are not strong enough for an unsecured loan

You understand your property can be repossesed if you fail to repay the loan

You require a quick completion

Customer Stories

Explore our library of client case studies and testimonials.

Ready to rise?
Let's explore best finance solutions for you.

REQUEST A CALL BACK

0203 089 7919
hello@risecap.co.uk

3rd Floor, 86-90 Paul Street, London EC2A 4NE

Risecap Ltd Data Protection Number ZA553906. The registered address is 3rd Floor, 86-90 Paul Street, London EC2A 4NE. Risecap is a credit broker and not a lender.

Risecap helps businesses access business finance, working directly with businesses and their trusted advisors. Risecap typically receives a commission or finder’s fee from lenders which will be clearly outlined. The amount of commission received may vary depending on the product or lender chosen.

0203 089 7919
hello@risecap.co.uk

3rd Floor,
86-90 Paul Street,
London EC2A 4NE

Risecap Ltd Data Protection Number ZA553906. The registered address is 85 Great Portland Street, London, England, W1W 7LT. Risecap is a credit broker and not a lender.
Copyright © 2022 Risecap. All rights reserved.

login

login