Sun 19 Sep, 2010
Bridging Loans London UK are a great way to ensure that you don’t miss out on any investment opportunities in the fast-paced financial market of the capital city. A day or two can make the difference between success and letting the investment of a lifetime slip away, so the ability to unlock cash from fixed assets quickly is crucial. As the name suggests, bridging loans span the gap.
Bridging Loans London UK – The High Price of Missed Opportunity
Imagine:
- Missing out on a real-estate investment opportunity because a property is taking too long to sell
- Risking insolvency because you don’t have the money to pay an unexpected bill when your money is tied up in assets
- Losing the chance to buy stocks and shares at a giveaway price because a standard business loan is taking too long to clear
- Finding the perfect home at an auction but not having enough free cash to follow through with the deal
- Avoiding bankruptcy while you sell off some assets
These are just some examples of cash-flow problems that can stifle investment; you have the funds, but they are locked up in equipment, property or inventory. While you can take out a standard loan with a bank or other lender, this takes a lot of time as they process the paperwork and keep you waiting.
Using Bridging Loans London UK to Span the Divide
A bridging loan avoids this wasted time and ensures that you don’t miss out on a great opportunity. Most bridging loans London UK can be arranged in 2 -3 days, giving you access to quick cash, without ceremony and without problems.
Like any loan, you use property as collateral, and most lender s will happily give you 60 – 70% of the value of as a bridging loan, with a repayment timescale of a few months to 3 years.
This gives you the chance to invest quickly or buy your dream property, while giving you room to manoeuvre if your home doesn’t sell quickly or you have to wait a long time for a normal loan application to process.
What Is The Catch With Bridging Finance London UK?
Of course, you will ask yourself ‘what is the catch?’ The answer is that there is no catch; you can expect to pay a higher rate of interest on a bridging loan, due to the short timescale, but this is only a few percentage points higher than a long term loan.
As long as you keep up with the payment plan, you will have no financial issues, as with any loan or mortgage. Ultimately, if a bridging loan London UK lets you invest your cash rather than keeping it tied up in assets, then it allows you to generate more money, giving you an edge in London’s relentless business environment.
Look for A Bridging Loan London UK Today
Short-term loans are not suitable for everyone or for every situation but, if you think that a bridging loan London UK may be the answer, speak to a specialist provider and find out how they can help you to convert assets into hard cash, quickly and easily.