Bridge Direct - Instant Decisions

How can Bridge Loans help small businesses?

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When should a business look at utilizing a Bridge loan?

As is the case with all businesses, cash flow is a key factor in maintain workflow and keeping a company functioning smoothly. Business owners commonly experience an issues with slow or restricted cash flow hindering project that would otherwise be extremely successful.

In this type of scenario a Bridge Loan becomes the ideal solution. Banks and mortgage providers will require stringent check to be completed, which often means it can be weeks or even months before funds can be received. Often this will mean the opportunity will be missed or non-viable. With a bridge loan, there are no checks and in some cases funds can be received on the same day. Due to the speed in which a bridge loan can be acquired they are extremely useful those types of situations which come quickly or unexpectedly.

Bridging finance is a temporary financial solution. The terms of a bridge loan are usually between 6 – 12 months in duration, this means you are not tied into a lengthy repayment plan as would be the case with a regular bank loan or mortgage. With a bridge loan, all funds are repaid when the loan is drawn up at the end of the term.

Below are just a few advantages that can be gained from using bridging finance:

 

  • Bridge the gap while waiting for conventional financing
  • Kick start new start new projects or business ventures
  • It can be used to pay the staff wages or other large overheads
  • Expand business services to other areas

 

When should a business look into bridging finance?

There are numerous of instances whenever obtaining a bridge loan is certainly a better alternative than applying for a bank loan or mortgage:

 

  • When you are looking for quick money for an immediate down payment
  • If you are planning to buy a new equipment for your business
  • Positive cash flow to keep your business more positive
  • When you are searching for some additional working capital to launch new products
  • When you don’t want to be tied into lengthy repayment plans

 

What do you need to apply for a Bridge Direct bridging loan?

 

  • An idea on the loan amount you require
  • Information about the property or asset which you are willing to keep as a security
  • How long you are looking to take to loan out for
  • Information on any mortgages against the property

 

Advantages you can expect when taking a bridge loan out with Bridge Direct:

 

  • Adverse Credit Accepted
  • No Credit Checks
  • No Set Criteria
  • 1st and 2nd Charges Accepted

 

Who are Bridge Direct?

Bridge Direct are direct lenders, who aim to cut out the middle man. When you call Bridge Direct you can be assured you will be talk to one of our experienced decision makers, who will give you a guaranteed instant decision on all bridge loan applications.

For an immediate decision you can reach Bridge Direct on 020 3126 4969


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