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| CORPORATE BRIDGING LOANS |
Corporate bridging loans,
corporate bridging mortgages and
corporate bridging finance for most
business purposes. Our mortgage brokers know the importance of a quick response when it comes to arranging
business bridging loans.
Short term corporate bridging loans can be secured on freehold and long leasehold properties on either a first or second charge basis.
they can also be secured on land or other securities. Loans are available for any legal purpose.
A corporate bridging loan can be used for various things, such as:
- To fund the urgent purchase of a commercial property, pending arrangement of a long term commercial mortgage (for example, if you are buying a business property at auction)
- Land Acquisition
- Re-Finance and Consolidation (whether in arrears or not)
- Settling IVA / Bankruptcy
- Expansion of a Business
- To allow a business to raise money to overcome a short-term cash flow problem
- To stop property bring repossessed
- Commercial Investment Property
- Property Development
- Short-term Funding Issues
One of the most common uses is when you are finding it difficult coordinating the sale of one commercial property and the
purchase of another commercial property in such a way that each transaction completes at the same time.
If you are facing such an issue, then a corporate bridging loan could be the solution, because a corporate bridging loan can be used as a short-term loan
to provide funding for the purchase of a new property while you are waiting for the sale of your existing property.
Applying for a corporate bridging loan is similar to applying for any other kind of loan, except that it is usually much faster to arrange.
Corporate bridging loans typically run for a few months, rather than the 25 years or so which is common for conventional business or corporate mortgages.
Corporate 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 business property is sold, then the proceeds from the sale are used to clear the original lump sum of the corporate bridging loan.
Loan amounts for a coporate bridging loan typically range from £10,000 up to £5,000,000 and can run from one month up to three years.
In some cases, it is possible for a corporate bridging loan to be completed on the same day that your application is received, provided
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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