Bridging loans are not just for property transactions. They can also be used to support organisations with a short-term cash flow gap. Loans can be secured against an existing property either owned by the business or personally by a director, allowing you to access the finance you need much faster than if you approached a high-street bank - thus minimising the impact of short-term cash flow issues on your business!
Short term loans do tend to carry more expensive rates. However, the speed of the loan can protect you from more expensive scenarios such as delayed payments or missed deals and the term is short. You can complete on a bridging loan within a matter of days and temporarily resolve your cash flow issue until a more permanent solution is available. Even the largest and most profitable businesses can experience gaps in their cashflow. Whether you own a small business or lead a large business, get in touch with us to discuss your needs and options.
The loans are often redeemed by of either trading cash flow or by way of long term re-finance or sale of the security property.
Cash flow bridging finance could help you to:
- Pay invoices
- Clear overheads
- Purchase stock
- Cover late payments
- Renovate premises
- Capital Investments
No early redemption fees
BFS do not charge early redemption fees so if you are able to raise capital earlier than you expected, we will not charge you for paying off your loan before reaching the loan term.
Other uses of bridging loans include
Make it happen
Please contact us and speak to one of our experienced and friendly team to discuss your specific circumstances.