BRIDGING / SHORT TERM LOANS

Bridging Loans up to £25 million

Loans up to 100% of open market value (additional security may be required in some circumstances)

A bridging loan is effectively a short term loan secured on property by way of either a first or second mortgage. Short term bridging loans can provide invaluable help in cases of temporary cash shortfall.

Bridging loans can be used for a number of reasons:

• Purchase of a new property before an existing property has been sold.
• Purchase of a property for improvements or extension and then resale.
• Auchion purchase
• complete purchase of an overseas property.
• Capital raising.

Usually a bridging loan is for a period of 3 and 6 months, however a longer term may be justified under certain circumstances.

Monthly interest payments are not usually required to be paid during the period of the loan and interest payments can be deferred or rolled up until completion.

Contact us today for a distinctive view on how ICABF can help your business realise more cash more quickly.

No matter what your circumstances are ICABF can help.

Complete our enquiry form NOW

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Call 0845 226 7141 NOW (Local reate within the UK)

International  44 (0) 1792 830 538