Property
Bridging Loans
Helping you “Bridge the gap” – Customised solutions to meet your lending needs.
Commercial Mortgage
property or land?
Development Finance
Empowering Progress, Financing Futures
Bridging Loans
Helping you “Bridge the gap” – Customised solutions to meet your lending needs.
A company bridging loan, also known as a commercial bridging loan, is a short-term loan that provides businesses with capital to cover a gap in their finances.
Bridging loans are often used to purchase property, but can also be used for other purposes such as: Renovations or refurbishments, Raising capital for growth or expansion, Paying taxes or other liabilities, and Investing in machinery and equipment.
Bridging loans are a temporary solution, and are typically repaid through the proceeds of selling assets or refinancing. The loan term is usually between a few months and a year.
Bridging Finance
If you are in need of a Bridging Loan to ‘bridge’ a gap or to secure the purchase of land or a development then you should be speaking to us!
As a broker we have access to many lenders that provide bridging loans and we will ensure that you get the right bridging loan to fit your requirements.
What types of Bridging Finance can we arrange?
Land Purchase
Development
Auction Purchases
Refurbishment
First and Second Charge Bridging Loans
Raise capital for business growth and expansion
Approval
Lenders will evaluate your application, focusing on your credit history and the value of any collateral you offer. A clear business plan is also likely to help.
Repayment
If you don’t repay the loan on time, you could face financial penalties, your account could be put into default, and your credit rating could be negatively impacted.
Mortgage
There’s no guarantee that you’ll be accepted for a mortgage with a mainstream lender after using a bridging loan.
Development Finance
Simply put, Development finance is a short-term loan that can be used from the start of the project to do the full development or from halfway through to get everything fully completed.
Commercial Mortgages
It’s also important to note that commercial mortgages cover any loan secured against a property that isn’t your home. For instance, buy-to-let mortgages fall under this category too. So if you’re thinking about buying a property to rent out for extra income, a commercial mortgage is the way to go!
Did you know that If you run a SME and are looking to buy commercial property, a commercial mortgage can be tailored to fit your unique needs.
There are a variety of funders that you can apply to including some that are exclusively available through approved commercial finance brokers such as ABL Business. As Commercial Finance Brokers ABL Business has access to a panel of over 120 funders, and specialises in arranging competitive and commercial terms for:
Buy to lets/holiday let financing
Mezzanine financing
Commercial mortgages
Owner occupiers/investments
Commercial mortgages are loans specifically designed for purchasing, refinancing, or investing in commercial properties
Borrowers typically need to provide a larger deposit, often ranging from 20% to 40% of the property value, and the loan terms can vary from five to 25 years.
Lenders will assess cash flow, credit history, and the potential return on investment before approving the mortgage.
ABL Business Ltd,
Hope Park Business Centre
Trevor Foster Way,
Bradford, BD5 8HH
Company Registration Number – 08774714
Mon – Thurs: 9:00 AM – 5:00 PM
Fri: 9:00 AM – 3:00 PM
VAT Number: 177 7733 59
Registered Company Number: ABL Business Ltd is a limited company registered in England and Wales. The registered company number is .
Registered Company Address: 14 Beech Hill, Otley, West Yorkshire, United Kingdom, LS21 3AX
Copyright © 2024 ABL Business Ltd ABL Business Ltd is authorised and regulated by the Financial Conduct Authority Our FCA Register number is 723166. We are registered with the ICO and on the Data Protection Register. Our registration number is: ZA030502 We are a Credit Broker, Not a Lender. We work with a panel of Lenders who may pay us a commission. This amount varies between Lenders.