Commercial Bridging Loan

• Commercial Bridging Loans on First and Second Charge.
• From one to 24 months most loans are for twelve.
• Completions can be as fast as a week.
• Loans start at £30k with no maximum
• No exit fee or early repayment charges
• Instant decision in principle
• Any type of commercial property considered

Commercial bridging finance is different to a straightforward residential bridging loan in many ways, firstly the property that given for security is a commercial property it can be almost any type although over fifty-five, assisted living, Churches are not usually suitable for security.

Shops with flats above are also considered for a commercial bridging loan, however at least 40% or the area has to be used for commercial purposes, this the same for any commercial building that is part commercial and part residential use. So for instance if you had a shop that was 1,000 square feet with a flat above of 500 square feet it would be suitable,  if the flat was only 350 square feet it would not be considered for a commercial bridge