Calls For Greater Transparency In The Bridging Lending Market
Alternative Bridging are a provider of short-term bridging finance for the property development sector, both for commercial and residential customers.
Sourcing reliable finance is one of the key cornerstones of successful property development, and this is an area that Alternative Bridging specialises in. By providing a range of finance options, they are able to cover the needs of many different clients; their products cater to both large-scale property developers and smaller individual residential clients.
Alternative Bridging are a well-established lender, with a proven track record of reliable lending. Their lending criteria emphasises flexibility whilst retaining reliability, and they are able to meet the requirements of many different businesses. For instance, Alternative Bridging finance products are available for smaller clients such as buy-to-let landlords and owner-occupiers, with loan sizes starting at £250,000. However, property developers with larger portfolios can also turn to Alternative Bridging for finance solutions, with loans of up to £20 million on offer.
Speed is vital in the bridging finance sector, and Alternative Bridging work to provide decisions quickly, so their clients can escalate their projects without delay. Directors and management are in constant contact at Alternative Bridging, and these short lines of communication mean that customers are never left hanging; Alternative Bridging know that their customers’ time is valuable, and they provide a reliable decision as quickly as possible.
Your key contacts at Alternative Bridging Corporation
Alternative Bridging Corporation
Alternative Bridging Corporation Limited
2 Imperial place
020 8349 5190
A bridging loan is a short-term loan secured against property. It allows you or your business to “bridge a gap” until either longer-term finance can be arranged, or the underlying security or other assets can be sold.
Commercial bridging loans are, as their name implies, bridging loans that are secured against commercial property.
There are many ways in which businesses can use a commercial bridging loan. Common uses are to cover short-term cashflow issues or to finance tax liabilities. More positively they can be used as working capital and by new businesses as a cashflow injection to acquire additional stock or even to acquire new equipment or premises for the business. Beyond these examples there are a huge variety of ways in which commercial bridging loans can be used.
Development finance can be offered against both residential and commercial property. Development loans are designed to help developers fund refurbishments, renovations, or conversions of existing property or to build brand new properties on a ground-up basis.
Development finance can be used for new build projects, commercial and residential developments, renovations, conversions or for the redevelopment of existing properties. Loans can be used for a vast range of different property types.