Pivot is a lender that offers high-quality bridging products across the entire short term lending spectrum, including residential, commercial, development and pre-planning finance.
Pivot have been offering short-term non-regulated property loans since 2012, operating under the Pivot brand for the last couple of years. Pivot are part of a wider real estate group that includes an established residential property developer (Fruition Properties), a digital property fund manager (Prop.), a construction company (Area 29), and a block management business (Xenon Properties). What this means is that they understand all aspects of the property lifecycle and can truly relate to our borrowers’ needs.
Thanks to this wide range of expertise, Pivot can offer funding options across the entire lending spectrum, offering short term “bridging” solutions on residential, commercial and mixed use securities. In addition Pivot can leverage the wealth of resources in house to offer a robust development finance product, whether it be heavy refurbishment or ground up home building and can even consider lending on the hope value of a site achieving planning.
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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.