Not quite ready to exit your bridging loan but the term's nearing its end? No problem, we appreciate situations arise that lead to extensions on financing being required.
Whether the project's overrun, the assets not selling or its simply a case that the project can’t be completed within the original budget our re-bridging loans enable you to finish your project, sell your asset, raise more funds or give you the time to arrange funding via traditional longer-term financing.
We've strong relationships with all of the UK's biggest lenders which means we're able to complete within 14 days for loans up to £25m. Arrange a call today and get our best rate no obligation quote.
|Loan to value (LTV)||Up to 75% maximum|
|Loan term||1 to 24 months|
|Loan amount||£26,000 up to £25m|
|Interest options||Rolled-up, retained or serviced|
|Interest rates||From 0.44%|
|Decision||Immediate decision in principle|
|Early repayment fees||None|
|Availability||Secured on assets in UK & Europe
Individuals, Companies, SPVs
No credit & adverse credit considered
|Exit strategy||Sale or refinance|
What is a re-bridge?
Re-bridging, also known as refinancing are used to literally settle an existing bridge facility by way of taking out another loan. There are a number of reasons why you might require refinancing but most likely, in the case of refinancing a bridge or development loan, it will be because the original loan term will stop before an exit through sale or longer term finance is possible.
Get expert assistance today, we're on hand to answer any questions about refinancing. To find out the exact costs of a loan click here for a quote - it takes just 3 minutes!
Call our friendly team on 01202 612934, we're ready to help.