HSBC can provide you the access you need to short-term fast financing if you are looking to buy a new home or infuse some cash into your business. They can provide you with this through an HSBC bridging loan, these are secured loans that are given based on the value of your property.

Bridging loans are attractive in these scenarios because you can:

• Borrow between £25 thousand – £15 million
• Quick application and access to funds usually between 5-7 days
• Access to excellent rates

HSBC are able to provide bridging finance against any property type from residential to commercial. A bridging loan for buying a new property can enable you to pay your deposit and other fees to complete the transaction.

Bridging loans from can also be offered to people or businesses that need:

• A pay advance to cover a large tax bill
• If you are buying a property at auction
• Or if you need to ease cash flow in your businesses

Secured loans are often more suited to people who require a large amount of cash that an everyday unsecured loan may not be able to provide. HSBC can offer a loan to value of up to 85% based on individual requirements and property value.

Last update: December 17th 2018 @12:13