Our team have built bridging lenders, headed up their credit teams and provided facilities from £50,000 through to £20,000,000 understanding intrinsically how lenders in this space work and how they will work with you from the start through to repayment of the facility. Over the past decade bridging finance has become a main stream option for investors and businesses to enable them short-term solutions to achieve their goals.
Typical Lending Requirements: Auction purchase (28-day completion), part completed developments, sales bridge, bridge-to-bridge (re-bridge), short-term commercial facilities (enabling borrowers to build a trading profile i.e. 1 or 2 years accounts), adverse credit (bridge to enable refinance or sale) , quick purchase (main stream lenders can be slow, or you may have seen an opportunity that you can’t miss), equity release (release funds), 100% borrowing (with additional security), 2nd charge, equitable charge, developer exit finance, planning bridge, land bridge, overseas borrowers/companies for example.
Link to our rates guide: http://napexfinance.co.uk/property-finance/rates-guideline/
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