What is bridge finance?
A bridge loan is simply a short term loan that is used until a person can get permanent finance. In other words, it acts as a bridge between their current loan and their new loan. Bridge finance is a short-term loan, that is generally at a higher interest rate.
Do you need bridge finance?
We are experts in helping companies and home-owners alike acquire bridge finance. We whole-heartedly believe that you need to consider the following factors before you consider whether bridge finance is right for you:
1) The duration of the loan
2) The interest rate
3) Your ability to pay-back the loan
If you would like to speak to one of our experts, please contact us today.