How is a bridging loan different to development finance?

How is a bridging loan different to development finance?

Bridging loans are generally suited to smaller development projects, in that they are leveraged against existing property. Whereas development finance is usually for large-scale projects where funds are released when various stages are completed. Renovation Bridging loans are also popular with property renovations, as they…

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What can you use a bridge loan for?

What can you use a bridge loan for?

Bridging loans are used for many purposes, the loan is a short-term facility that is secured on property or land generally used to provide a temporary cash injection. This type of loan is useful for several reasons; however, we will focus on some of the…

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