Tag Archives: bridging loans

Accounting, Financial, Financial Management, Financial Services, Funds, Investment, Loans

Property Investors Should Consider All Borrowing Options to Finance Purchases

Leicestershire, United Kingdom, 2017-Jan-16 — /EPR FINANCIAL NEWS/ — The experienced team behind one of the UK’s leading property financing firms is advising property investors from all occupations to consider the full range of available options before deciding to commit to any one product. With so many borrowing products to choose from, finding the most appropriate financing deal to fund a property purchase is often one of the most essential yet complicated aspects involved – particularly when there are so many different lenders and borrowing options out there.

From affordable bridging loan products and property development loans through to secured finance and second charge products, UK Property Finance can provide exclusive access to some of the most competitive financing options on the market, many of which are quite simply unavailable when scouring the numerous high street lenders such as banks and building societies.

Securing Finance Against Commercial Property
“At UK Property Finance, we like to think of ourselves as an intelligent alternative to the more traditional streams of funding. Unlike banks or building societies, we have access to an exclusive panel of wealthy individuals and specialist lenders who will consider any type of property investment based on its own merits. As a fully FCA Authorised and Regulated, “whole of market” broker, we can source competitive funds from any main lender and our borrowing rates are quite simply the best available.” – UK Property Finance

Most borrowing options secured against commercial property types are only available up to 75% of the property’s worth. However, UK Property Finance are able to work in tandem with both lender and borrower in order to create a uniquely structured and targeted borrowing package that is delivered in increments as the various conditions and stages of completion are met.

Where commercial property loans are concerned, there are typically two main repayment methods available – interest only or the more standard practice of monthly repayments. With the interest only option, the borrower must pay the original balance at the end of the term, minus the interest itself, which has already been paid in regular instalments.

In addition to commercial property loans, UK Property Finance can also provide highly competitive bridging products. These versatile, short-term borrowing products are the perfect solution whenever a larger cash sum is required quickly in order to bridge a shortfall in funds that is temporary in nature. With bridging finance, the repayment period is usually fixed at 12 months with an exceptionally low level of interest and the final payment being the only payment required, covering all borrowing costs at once.

Faster Borrowing for Urgent Situations
“One of the main advantages of commercial bridging loans is the tremendous speed at which they can be arranged. As the name suggests, Commercial Bridging Loans are usually secured against commercial real estate or land, in much the same way as a residential bridging product would be secured against a home. The monies raised can normally be used for any reason the borrower sees fit, such as financing the purchase of a new property that needs to be redeveloped, or even the payment of overdue tax bills. As commercial bridging finance is not regulated by the FCA, the reasons for borrowing can be much more varied that with most other types of finance.” – UK Property Finance

As a leading independent brokerage, UK Property Finance can simplify the process of borrowing funds for commercial reasons so that secured funds can be acquired quickly and effortlessly – even when the situation is decidedly urgent. Their rates and fees are extremely competitive and their products are always delivered in an intelligent and cost effective manner. For more information regarding the borrowing options available, either visit the website at www.ukpropertyfinance.co.uk or send an email to info@ukpropertyfinance.co.uk outlining your needs.

Contact-Details: UK Property Finance. 2 Nursery Court, Unit 2C, Kibworth Business Park, Harborough Road, Kibworth Harcourt, Leicestershire, LE80EX, U.K.
Tel: 01164645544
Web: https://www.ukpropertyfinance.co.uk
Email: info@ukpropertyfinance.co.uk

Via EPR Network
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Financial, Financial Services, Loans

Leading Bridging Loans Broker Talks Life-Saving Small Business Finance

Leicestershire, UK, 2016-Jun-24 — /EPR FINANCIAL NEWS/ — Bridgingloans.co.uk Highlights the Value of Alternative Financial Products for Smaller Businesses

bridging loans

A growing number of leading industry experts are openly backing the use of bridging loans by smaller businesses, for which convenience access to essential finances often means the difference between business life and death. Cash-flow represents a challenge for most small businesses – conventional banks and lenders often being unwilling or unable to help.

According to the team at Bridgingloans.co.uk, a high-quality bridging loan can be nothing short of life-saving for the smaller business or start-up. While high street lenders continue to walk away from what they consider ‘higher-risk’ lending activity, the bridging loan community can offer a faster, fairer and far more intelligent small business financing service.

Immediate Access

“The main advantage of bridging for all businesses is the speed on offer. While traditional mortgages, property development finance and bank loans can take months to arrange, a bridging loan can be completed in days. When used appropriately, the ability to raise finance this quickly can be a major benefit, enabling a business to make the most of any impromptu opportunity. By allowing businesses to act at the right time, bridging loans can become a vital tool in ensuring their growth.”

Over the past five years, the average costs associated with starting a new business in the United Kingdom have increased exponentially. Commercial rents alone have spiked up to 300% in many key areas, while utility bills and operational expenses in general continue to rise. Unsurprisingly, small businesses and start-ups in growing numbers are finding themselves facing unexpected and often-incapacitating shortfalls.

Where shortfalls are temporary, a bridging loan can be remarkably effective. By providing the business with near-instant cash for any agreed purpose whatsoever, short-term financial obstacles can be overcome quickly, responsibly and proactively.

Intelligent Finance, Instant Quotations

“Funds raised from bridging finance can be used for pretty much any legal reason, provided it is agreed with the lender from the outset. A specialist bridging loan company such as bridgingloans.co.uk, have, due to the volume we process, special relationships with all of the key lenders and know the requirements needed to ensure a quick and smooth transaction. We also use our own funds for certain lending, which helps us to move even quicker if required. Processing time is however normally just a few working days.” – Bridgingloans.co.uk

According to the team at Bridgingloans.co.uk, intelligent financial solutions are already playing a pivotal role in supporting the UK’s small business community. From securing premises in the first place to essential refurbishment and all initial setup costs, a bridging loan can provide short-term help with providing the potentially substantial financing that new businesses need to get off the ground.

Banks and conventional lenders may be unwilling to support small business growth and expansion which the bridging loan industry believes is of the up most importance to the British economy.

About Bridgingloans.co.uk
Bridgingloans.co.uk is a leading UK finance broker & principle bridging loan funder with a unique commitment to transparency and customer service excellence. Bridging loans are offered on the back of comprehensive and digestible information to ensure rational and beneficial decision making across both domestic and professional circles alike. The team takes great pride in pioneering innovative new services to meet the short-term financial needs of UK borrowers from all walks of life.

Contact-Details: BridgingLoans.co.uk, 2 Nursery Court, Unit 2C, Kibworth Business Park, Harborough Road, Kibworth Harcourt, Leicestershire, LE80EX, UK. Tel: info@bridgingloans.co.uk. Web https://www.bridgingloans.co.uk

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