Who are The Bridging Group?
Covering England and Wales, The Bridging Group have a friendly and knowledgeable team and treat their clients and partners fairly and with the service and speed you would expect from a highly experienced lender. They are passionate about good service, which is why they enjoy a high rate of repeat borrowers.
At The Bridging Group, they understand that navigating the world of real estate and finance demands tailored solutions to meet your specific needs.
That’s why each of their bridging loans is crafted to provide you with the financial flexibility required to seize opportunities, complete projects, or overcome challenges. Let’s take a closer look at their comprehensive list of bridging loan types:
Development Exit Bridge: Designed for part-built projects, focusing on properties that are wind and watertight.
- How it works: Borrowers can secure financing to complete a development project, ensuring the property is suitable for sale or refinancing.
Development Finance: A brief financial arrangement for new development projects, typically short-lasting.
- How it works: It covers the expenses of acquiring and constructing residential or commercial development projects, which may involve new builds, conversion or renovation of existing structures.
Commercial Bridge: Short-term funding for commercial real estate, such as hotels.
- How it works: When the borrower provides a satisfying exit strategy, it acts as capital for time-sensitive opportunities or financial gaps as a commercial property is acquired or being renovated.
HMO Acquisition Bridge: Designed for purchasing Houses of Multiple Occupation (HMOs).
- How it works: It provides funds to acquire HMO properties, often with higher returns due to multiple rental units.
Second Charge Bridge: Secured with a secondary charge on the property, often behind an existing mortgage.
- How it works: Borrowers can access additional funds while the first mortgage remains in place.
First Charge Bridge: A primary bridge secured as the first charge against the property.
- How it works: This loan takes priority over other debts and is used for various purposes, such as property acquisition or development.
Refurbishment and HMO Conversion Bridge: Specifically for properties requiring refurbishment and conversion into HMOs.
- How it works: Funds are provided to renovate and convert properties into profitable HMOs.
Auction Purchase Bridge: Tailored for acquiring properties at auctions, where quick financing is essential.
- How it works: Borrowers secure short-term financing to purchase properties at auctions and may later refinance or sell.
Closed Bridge: A bridging loan with a fixed repayment date.
- How it works: Borrowers have a predetermined exit strategy, ensuring the loan is repaid within a specified timeframe.
Cashflow Bridge: Designed to address temporary cashflow challenges in businesses.
- How it works: Businesses can use this loan to cover operational expenses until anticipated revenue arrives.
Debt Payoff: Used to consolidate and pay off existing business debts.
- How it works: Borrowers can streamline their finances by using bridge funds to clear existing debts.
Stock Purchase Bridge: Provides working capital for purchasing inventory or stock.
- How it works: Businesses can ensure an adequate supply of goods without disrupting cashflow.
BTL Investment Bridge: Designed for acquiring Buy-to-Let (BTL) investment properties.
Their diverse range of options ensures that you have the support you need, precisely when you need it. Whether you’re a property developer, investor, or business owner, their bridging loans are designed to put you on the path to success.