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Short Term Finance:
If you are buying or building a property, whether it is commercial or domestic and irrespective of whether you want to occupy it, rent it out or sell it on bridging loans can help you save money and shorten timescales dramatically.
If you have a problem in a buying chain because the link before you drops out we can bridge the gap with short term finance to help you complete your purchase whilst avoiding slashing your selling price just to make the deal. We can help you buy now before prices rise and avoid the ongoing stress of an extended sale cycle.
A decision in principle can often be made within 24 hours because we have direct access to decision makers in the lending banks. We can cover residential properties but also commercial buildings including pubs, hotels, offices, factories & farms both in the UK and overseas.
It is also unusual that we can arrange short term finance for property development. At its simplest we will support the purchase of a plot of land, the architect's and building costs often up to 100% of the required finance. This short term funding is then replaced with a normal commercial mortgage which we can also arrange to ensure a smooth progression of the project.
This could be a relatively small sum to build a bungalow at the top of the garden or multi-millions to develop a sporting or leisure complex. The benefits of this approach are that the project is given huge impetus, timescales are shortened and the profits to the developer are achieved in the shortest possible time.
We can also set up a mixture of property, asset and venture capital finance for larger projects where different types of collateral can be utilised.
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