Bridging Finance
Independent Lending can help you keep your finances on an even keel. Our experienced financial advisors can help secure the short-term funds required to take advantage of opportunities or to avoid emergencies.
Bridging Finance or auction finance, more commonly known as Bridging Loans, is a useful way to raise finance for a range of requirements, including:
- Paying an imminent debt such as tax or VAT
- Property development
- Auction purchases
- Property purchase – bridging the gap between purchase and sale
- Boost cashflow to meet current obligations
When it’s vital to raise funds urgently, a bridging loan is the best short-term solution to “bridge the gap”, with repayment completed over a period of months, rather than years.
When Bridging Finance is the best solution
Independent Lending’s experienced advisors work closely with clients to determine the nature of the short-term funding requirement, the term of the loan and how the loan will be repaid. We can arrange a loan that best suits an individual client’s requirements:
- Simple and quick application process
- First and second charge loans
- Speedy availability of funds for short and long-term needs
- Fees can be added to the loan
- Flexible rates with interest roll up
- With provision of additional security – 100% funding available
Loans could be approved within 24 hours or less. Many providers of bridging loans will also lend against market value, rather than the purchase price – this can be a useful option for property developers and investors.
As a mortgage is secured against your home or property, it could be repossessed if you do not keep up the mortgage repayments.
Why choose Independent Lending?
With speed a critical factor when it comes to bridging funding, we can guide you through the process from start to finish. Our financial advisors have the experience and expertise necessary to liaise with bridging lenders to select the most competitive and appropriate solution tailored to your specific needs.