Settle now, while the sale or refinance catches up.
Bridging finance is a short-term loan that lets you settle a purchase, or cover a gap, before a sale or a longer-term loan comes through. Everything about it is built around one question: how and when will the loan be repaid?
We work with private and non-bank lenders who fund commercial and investment bridging loans, and we stay across what they're funding right now, so your scenario goes to the lenders it suits.
The exit comes first. A clear, supported plan for repayment, such as a signed contract of sale or a refinance already in progress, makes the biggest difference to how a lender views a bridging loan.
After that, lenders look at the property and its value, the total loan-to-value ratio across all the debt secured against it, the term you need, and anything that could delay the exit.
Bridging finance is priced above a standard bank loan, reflecting its speed, flexibility and short term. Interest is often prepaid or capitalised, and there are usually establishment fees. Getting indicative terms costs you nothing, and any fees are agreed with you up front, before any work starts.
This page is general information only. It isn't financial, credit or legal advice and doesn't take into account your particular circumstances. Lending decisions are made by the lender.
Pocket compass, 19th century Taking a bearing before setting out.
Usually from a few months up to three years, depending on the lender and how long the exit will take. The term is set around your exit, with some buffer for delays.
Across our lender network, bridging loans go up to $150m. How much a lender will advance depends on the property, its location and the total loan-to-value ratio across all the debt secured against it.
It depends on the lender, the valuation and how complete the information is. Private lenders can move quickly when the scenario is clear, and the earlier we hear about it, the more options there are.
No. That's what bridging finance is for. Lenders will want to see how and when the loan will be repaid, for example a property listed for sale or a sale already under contract.
Talk to us early. Many lenders will consider an extension, and if not, we can look at refinancing the bridging loan with another lender. The earlier a delay is raised, the more options there are.
Often, yes. Private and non-bank lenders assess bridging loans differently from banks, focusing on the security and the exit rather than standard bank criteria.
No. We don't get involved in consumer credit. If you need a home loan, personal loan, car loan or any other consumer loan, call us and we'll put you in touch with one of our trusted brokers.
Getting indicative terms costs you nothing. If you decide to proceed, any fees are agreed with you up front, before any work starts.
