What Can Commercial Bridging Loans Be Used For?
Commercial bridging loans can provide fast, short-term funding for businesses & individuals.
Especially popular with property developers looking to quickly purchase a property or land, the funds from the loan can be used flexibly, either as a deposit on the sale or to pay outright for the assets.
As a source of fast funding, commercial bridging loans are often used for the following:
- Renovation work
- Business expansion
- Purchase of business premises
- Auction purchases
- Additional property purchases
- Payment of debts / HMRC payments
- Further commercial investment
- Business cashflow
- Investment opportunities
