Customers will very often seek the advice of an Intermediary when they need to raise capital at very short notice. Short-Term Finance / Bridging loans are often the only way of being able to achieve this and for you to help your customer exploit an opportunity. They are a way to alleviate cash shortfalls whilst waiting for other sources of finance to come through.

They can be used for a number of reasons, including:

• Purchase of a new property before an existing property has been sold
• Purchase of property for refurbishment then resale (including property which is unsuitable for mainstream mortgage lenders)
  
• Auction purchase
• Residential or Commercial
• First or Second Charge
• Capital raising for any purpose
  
• Loans to Limited companies acceptable
  

The facility is usually set up for a period of between 3 and 12 months, often with the interest added to the loan.

A broker fee of 1% (min £1,000) is normally charged on completion and deducted from the advance, of which 50% is paid to the Introducing Broker. Under our open and transparent policy, unlike most of our competitors, we also pay you 50% of any procuration fee received from the lender.
For more information, contact us on 01244 67 44 11.

Commercial finance covers a wide range of lending facilities for an equally wide range of commercial propositions.  We not only provide all manner of funding for commercial purchases and remortgages however large or small, we also have access to corporate finance including mergers, acquisitions,  development finance, asset finance and factoring.

For companies seeking financial strategies for new projects or because of troubled times, we have teams of experts who work with us to tailor your customers’ requirements to meet their objectives.  
For any commercial enquiry, we have a huge variety of answers and solutions.   We charge an upfront commitment fee of £350 on commercial property mortgages, which is non-refundable once we have gained indicative terms from a lender. We also charge a 1% completion fee (minimum £1,000, maximum £10,000) and pay half of this to the Introducer on receipt of funds.