At Together we’re here to help you realise your property ambitions. And just one of those ways we can help you turn your inspirations into a reality is with a bridging loan. With our bridging loans, you can bridge the gap between purchasing your property or making an investment, and getting longer term finance in place. Speedy short term finance, on a 12-month term, can give you the purchasing power to go from concept to completion, or from opportunity to investment.
How does a bridging loan work?
With a commercial bridging loan, interest payments fall due each month while you have your loan, which can either be paid monthly or added to the loan amount. You can also bundle any fees into the loan amount (please be aware, if any payments or fees are included in the loan, interest will be applied). We also consider a range of different exit strategies, including the sale of the property, sale of other investments and refinancing on to a longer-term mortgage.
Bridging loans are for everyone. They’re a fast and flexible short-term finance option, giving you the funds needed to move quickly in a range of different scenarios. That means that whether you’re a sole trader or big business owner, landlord, investor or developer; a bridging loan could help you go from ambition to fruition. From refurbishment to raising capital, a bridging loan could be just the finance you need to get your property goals moving.