Bridging Finance
Bridging finance is a short term lending facility allowing fast completion of property based transactions, to secure property quickly.
Cranfield Commercial Finance can arrange Bridging Finance facilities for any property based transaction. Bridging Finance funding is based on the value of the property, not the purchase price, allowing for up to 100% funding, which can be beneficial when purchasing at a discounted price or at auction.
- Fast completion - don't lose a deal that needs to completed quickly
- Interest "roll up" available
- 1 month to 12 month terms available
- Available for commercial, residential and land purchases
- Non status bridging based on property value not purchase price available
- Simple and efficient application process
- Open or closed bridging available
Traditionally bridging finance has been used as a temporary facility to complete a purchase whilst an existing property is being sold, however in more recent times the advantage of using bridging to speed up a purchase regardless of whether there is a property to sell is becoming common practice.
Whatever your requirements apply online now