Development Finance Ltd can finance all residential and commercial loans
In addition to providing development loans, Development Finance Ltd can provide short term bridging finance. A bridging loan can provide you with the extra finance you require to start your development and we can then provide you with a development loan to enable you to complete your project.
A Bridging Loan is a type of loan which is designed to cater for temporary shortfalls in finance. You may need a bridging loan to help you to buy new trading premises before bank funding is available.
Alternatively your business may need a short term cash injection.
We can offer bridging loans of between £25,000 and £500,000, straight from the lender, and your payments will be interest-only until you redeem the bridging loan. If you do not wish to make monthly interest payments, you may be able to roll the interest to the end of the loan.
A bridging loan is essentially a very short term mortgage, and like a mortgage the bridging loan needs to be "secured" over property. The security can consist of any type of property or land in England, Scotland or Wales.
Bridging loans can also be used for a variety of other purposes:
To discuss a bridging loan please call us on 0141 332 8884