Short-term bridging specialists who have developed a lending proposition and product palette to stand out from the rest in a crowded market.
Launched in 2018, Tuscan offer an entrepreneurial, personable, and personalised approach to short-term lending which embraces both the conventional and unconventional. Acknowledging that every client is unique, Tuscan’s risk guidelines are just that…Guidelines. Whether clients are looking for a straight-forward vanilla bridging solution or something infinitely more complex, Tuscan will work with them to understand the full story and where they cannot help, they will let the client know quickly and without delay.
With direct access to fully mandated senior decision makers, deals that are approved progress quickly. There are no delays at credit committee because there is no credit committee and the Tuscan team, backed by real and substantial funding lines, moves quickly from offer to completion using their proven 5 step process. From an initial enquiry with a decision maker to an offer in principle, through valuation and legal instructions and ultimately completion, Tuscan’s service is predicated on speed.
All Tuscan Capital products are non-regulated and available across England and Wales. They will also consider both residential and commercial property as security and will lend to private individuals, foreign nationals, and expats as well as corporate entities, special purpose vehicles (SPV’s) and offshore limited companies. Core products alongside standard bridging includes refurbishment loans, auction finance and HMO funding. Unconventional doesn’t mean impossible at Tuscan and that’s when the team will think outside the box and progress cases that others might simply reject.
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.
Bridging loans can be used for a wide variety of purposes. Perhaps the most common purpose is to allow you to buy a new home or business premises before you have sold your existing property. They can also be used by investors to buy property at auction, landlords to acquire buy-to-lets, developers to acquire and renovate properties and businesses to raise working capital. There are a myriad of different uses and Bridging.com can help to find the best loan for you.
Loans generally range from £10,000 to £50M with smaller or larger amounts provided on an exceptional basis. The value and equity within the property or properties you are securing against will determine how much you can borrow. The maximum loan to value (LTV) currently offered by most lenders ranges between 65-80%
Bridging.com can help you secure a bridging loan tailored to your own unique circumstances in a matter of days. We can guide you through the entire process from initial enquiry to funds being released in the shortest possible timeframe.