- We could lend up to 75% LTV
- We lend against ANY tangible Business Asset
- Personal Assets can also be used as collateral.
- We lend on all types of property, land or tangible asset: residential, semi-commercial and fully commercial
- We cover all of the UK including Scotland and Wales and in some circumstances Northern Ireland.
- Part built developments / self-build projects also considered
- First and Second charge available
- 100% funding available where additional security provided.
- Rates from 0.59% per month,
- Loan size £50k to £10 million
- Term from 1 day -24 months
Common questions and answers about Business Bridging Loans & Finance
Typically from £50,000 – £15 Million+
It can be done in 48 hours although 7 – 14 days is an average
In the region of 50% – 75%
Yes and the quicker solicitors are instructed the quicker completion happens.
Typically between 0.59% – 2%
The loan will be secured on tangible assets such as plant & machinery, vehicles, debtor book, residential property, commercial property or Land.
Enable Finance are Bridging Finance Loan specialists
Monthly interest is charged, typically 0.59% – 2.00% per month of the loan amount. These payments can be rolled up into the advance.
A Bridging Loan Can Be Secured against the Following Security.
- Business Assets – Plant & Machinery, Debtor Book
- Business Equipment
- Commercial Vehicles such as HGV’s, trailers and cars
- Residential Property
- Residential Developments
- Commercial Property
- Commercial Developments
- Mixed use property schemes
- Retail Shops
- Land (max 50% LTV)
- Investment Property – Residential and Commercial
- Any tangible asset that has value can be used as security.
- Bed & Breakfast Accommodation
- Farms & Farmhouses
- Hotels & Guest Houses
- Land with Planning
- Light Industrial Units
- Lock Up Units / Garages
- Retail Units
- Semi Commercial Properties
- Shut down Care Homes
- Shut down Pubs