Bridging & Short Term Funding
SCI are specialists in the bridging finance market with swift and knowledgeable consideration given to each loan application from our ever-widening client base of private individuals, firms and businesses needing fast finance to cover a wide range of purposes and applications. Bridging finance is made trouble-free with SCI; our ability to provide rapid funding will allow you to devote more time to the actual purpose of the bridging loan, secure in the knowledge that your bridging loan proposal is in safe hands.
What Are Bridging Loans?
The terms “Bridging Loans” and “Bridging Finance” refer to the fast provision of funding for individuals and businesses. The bridging finance arrangement is generally temporary, typically lasting from 3 to 12 months. The client benefits from the opportunity to obtain a more permanent source of funding over an extended period of repayment on the best terms available with the bridging loan as the cushion facility allowing breathing space to study the market. Alternatively, the project or development is completed within the chosen term and the bridging loan is repaid.
Uses For Bridging Finance Loans
Fast bridging finance loans are available from SCI for a variety of purposes including: auction finance loans, first and second mortgages, new-build property construction and development loans, home renovation and refurbishment loans, and debt consolidation loans amongst many other short-term loan applications until your capital is realised from another source.
Advantages Of Bridging Finance Loans
SCI understand that financial circumstances, opportunities, and situations can change rapidly. The incentive of a new development project or auction purchase can stretch finances to the limit. Bridging finance loans literally “bridge” the gap between when the finance is needed and when a remortgage or sale is completed.
Non-Status Bridging Loans
SCI approve fast bridging finance loans for non-status customers as well as status clients based on our fundamental understanding of the varying economic factors and circumstances that face us all. Our in depth knowledge of mortgage lending provides us with the experience to cater for bridging loan applicants with widely differing credit ratings and an understanding of how and when bridging finance may meet the individual requirement.
Quick Bridging Loan Finance Decisions
SCI are the principal bridging loan lenders; speaking directly with us will enable you to gain access to your funds much sooner, allowing you to buy that property, progress with your construction or development, complete that domestic or business transaction, or finance a host of other everyday plans. Call today for a fast bridging loan decision.