A bridging loan obtained from Natwest Bank is secured against any property you have that covers the amount loaned. If you do not repay the amount on the agreed your property may be repossessed.

Bridging loans are a more attractive option then unsecured loans as you may be able to access a much higher loan amount based on the value on your property. They are also attractive because:

• Quick application and access to funds
• Great interest rates
• Can be secured on commercial and residential property

Natwest Bridging loans are traditionally used for bridging the gap between a property purchase, but can actually be used for any reason without restrictions on what it can be used for.
The following are reasons that people can use a bridging loan for:

• Paying a large tax bill
• Buying a property from auction
• Consolidating debt
• Infusing some cash into your businesses

Bridging loans are offered to those who need access to funds for short-term financing whether that be buying a new home or financing a business project. Natwest have made their application process extremely easy and straightforward and you can have the funds in your bank within 5-7 days.

Last update: 17th December 2018 @12:24