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Ultimate Guide to Bridging loan

This guide conatins complete information regarding bridging loans, definition, types, when to consider bridging loans and many more

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Ultimate Guide to Bridging loan

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  1. Ultimate Guide to Bridging Loan

  2. Bridging Loan- Definition • A bridging loan is a way of organizing the short term funds. They are basically used to bridge a gap between two transactions.

  3. Factors to consider When taking a bridging loan • 1. Understanding the terminologies of bridging loan: Before taking the bridging loan for the first time, it is important to understand the terminologies and the associated costs. • 2. Evaluate the options to repay the loan: Bridging loanscan be settled in 3 ways: • a. Sale of the property • b. Refinance using a long term loan • c. loan from relatives • 3. Selecting the right Solicitor: Selecting the right Solicitor is crucial to ensure that the loan completes on time and the legal issues are taken care of.

  4. When Should you use Bridging Loan? • Bridging Loans can be used for a variety of reasons including a property investment, buy to let and many more. • In Some cases bridging loans are also used instead of traditional loans such as home loans, lenders take time to process a large sum of loans. So in such cases bridging loans can be used.

  5. Where can you get a bridging loan ? • Bridging loans are available in all shapes and sizes, ranging from one man brands to well established organizations.

  6. Why Finanta • Finanta is a leading bridging loans company in UK. • Our specialist will provide you a simple, fast and short term funding solutions for your cash flow requirements. • Instant decision in principle within 24 hours and release the funds within 5-7 working days. • Whether employed, Self employed have a bad credit history associated with discharged bankrupts, IVA’s arrears, defaults or CCJ’s Finanta offers you a bridging loan.

  7. Cases completed – 354 • Amount Financed- £31 M • Satisfied Clients- 100+

  8. Contact Us • 86-90 Paul Street, London, EC2A 4NE • 02037807610 • info@finanta.co.uk • Monday – Friday : 9.00am – 5.30pmSaturday & Sunday : Closed • For more information Visit Website

  9. Some Useful Links • How can I get a Bridging Loan • Bridging Loans Company in UK • Bridging Loans Company in London

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