Short Term Finance
As an expert, we provide market-competitive short-term funds from £50,000 to 25 m. Rates from 0.55%pm.
Short term finance, as the name, suggests covers a period between a few months to a couple of years. This debt instrument is generally designed to be a quick fix for an acquisition or bridge between refinance or value addition.
The applicable interest rate is usually higher compared to Long Term Finance solutions and as such comes with a quicker drawdown process.
short term loans
Bridging Loans +
Bridging Finance is a flexible finance option which is generally secured over property, whether it is Residential, Commercial or Land. The term of the loan ranges anywhere between 1 and 24 months. The funds raised can be used for any type of business purpose if there is a robust exit (repayment) strategy
Read more
Refurbishment Loans +
These loans can fund any type of property refurbishment, ranging from a new kitchen & bathroom to full remodeling, conversions & extensions. This is a very competitive space in the market and there are some attractive funding offers available at a high loan to values
Read more
Development Exit Finance +
This type of funding can be used to refinance a development loan onto a cheaper loan whilst the site is sold or refinanced. It can also be used if an existing development loan is approaching or has passed the agreed term, due to project delays for example, and the site does not necessarily need to be completed at the time of the refinance Read more
Loan Extensions & Refinance +
If an existing bridging loan is approaching or has past its expiry date, we can arrange re-bridges to provide extra time and extra capital if required until your original repayment strategy can be executed Read more
Bridge to Let +
These are flexible two stage loans which allow an un-mortgageable property to be purchased and refurbished with a normal bridging loan and then flipped onto a BTL mortgage when the property is tenanted
Read more
Land Acquisition +
Property Developers can use this type of loan to acquire or refinance land that either has planning permission or intend to apply for planning permission for a certain type of development project. This can also be used to change existing planning permission to increase the project viability Read more.
Planning Gain +
These loans can be secured over property or land where a property developer intends to apply for or amend planning permission. This would generally be done to add value to the site or increase the viability of a scheme. Developers either sell the sites on with the benefit of planning or they take the project forward themselves Read more.
Auction +
Properties bought at Auction require a 10% cash deposit on the day and the transaction needs to complete within 28 days generally. Bridging Finance can be used to help ensure the transaction completes in time and some of our lenders will use the auction legal packs for their due diligence which can cut down on set up costs Read more.
Short Term Finance Case Studies
HMO Portfolio Bridge in 14 days
£2,650,000
£380,000
CBILS Refinance for 10 Luxury Units
£5,000,000
£413,000
£8,300,000
5 Day Completion on Bridging Loan
£1,100,000
CBILS Refinance for 4 Detached Houses
£3,400,000
Land Bridge for 220 Apartments
£10,400,000