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| COMMERCIAL BRIDGING LOANS |
Commercial bridging loans,
commercial bridging mortgages and
commercial bridging finance for almost any purpose.
Get a swift response from mortgage brokers specialising in
corporate bridging loans.
It is difficult trying to co-ordinate the sale of one commercial property and the purchase of another commercial property in such a way that each transaction completes on the same day.
If you are facing such a problem, then a commercial bridging loan could be the answer.
A commercial bridging loan is a short-term loan used to provide funding for the purchase of a new property while the borrower awaits the sale of an existing property.
As well as bridging the gap between the sale and purchase of two commercial properties, a commercial bridging loan can be used for various other things, such as:
- Purchase of Property or other Assets
- Expansion of a Business
- Land Acquisition
- Re-Finance and Consolidation (whether in arrears or not)
- Short-term Funding Issues
- Settling IVA / Bankruptcy
- Commercial Investment Property
- Property Development
Loan amounts for a commercial bridging loan typically range from £10,000 up to £5,000,000 and can run from one month up to three years.
Commercial bridging loans typically run for a few months, rather than the 25 years or so which is common for conventional commercial mortgages.
Commercial bridging loans are usually interest only, rather than capital repayment. This means you only pay the interest on the loan each month. Once your existing commercial property is sold, then the proceeds from the sale are used to clear the original lump sum of the commercial bridging loan.
Applying for a commercial bridging loan is similar to applying for any other kind of loan, except that it is usually much faster to arrange. In some cases, it is possible for a commercial bridging loan to be completed on the same day that your application is received, so long as a valuation can be carried out quickly and all the legal documents can be signed in time.
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We are licensed under the Consumer Credit Act 1974 to carry on the business of consumer credit, consumer brokerage,
debt adjusting and debt counselling, credit reference agency and canvassing off trade premises. Our Consumer Credit Licence Number is 587232.
Enquiries generated via this website are passed on to Financial Advisers, Mortgage Brokers, Licensed Credit Brokers and Lenders.
Divadani Finance and Divadani Loans are trading styles of Divadani Limited.
Company registration number 5256587. VAT registration number 877 4798 45.
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