Bridging Finance: Standard Bridge Loan

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Bridging Finance: Uses

- Raising money for business purposes
- Auction
- Leasehold Extension
- Shifting ownership from individual to corporate (or vice versa)
- Portfolio refinancing, where borrower buys time to find right long term finance
- Refinance out of development loans, sometimes known as sales period finance
- Purchase to develop, exit will be development finance
- Finance for time during which enhanced planing permission is being requested

Bridging Finance: Type of Properties Suitable

- Residential properties
- Properties in England and Wales
- Multiple security acceptable

Bridging Finance: Loan Conditions

- No Exit Fees
- Retained Interest
- 1st Charge only
- Adverse credit considered on a case by case basis
- No minimum size, maximium size £30 million
- Maximum LTV 70% 1st Charge
- Interest rates from 0.85% per month 1st charge
- No refurbishment i.e. no cosmetic or structural changes

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1 Hour to your Decision in Principle

A decision in Principle can be given within an hour of application, if during weekday hours. We can take a Bridge Loan from Decision in Principle to cash in your bank inside 4 days if necessary.
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This information is strictly for the use of approved intermediaries only. Acre Lane Capital Ltd,a limited  company registered in England under 11518927  whose registered address is 2nd Floor, 4 Beaconsfield Road, St Albans,. Hertfordshire, AL1 3RD. Acre Lane Capital Limited is registered with theOffice of the Information Commissioner for data protection purposes (reg. noZA457199). © Acre Lane Capital Limited 2021.