Bridging Loans

 

Bridging Loans are short term loans which can be arranged quickly and effortlessly. They can be secured on residential and commercial properties and on land.

Bridging loans can be used for any purpose but are traditionally seen as way of securing a property purchase whilst your current property sells. Our clients use the money they receive for all purposes including money to inject in to their businesses to help with cash flow, house renovations, urgent investment deals etc.

Your bridging loan can be completed with funds in your bank account within 48 hours. We advance loans from 10K – 4M over. Typically loans are arranged over 3-12 months.

Increasingly we speak to customers who are unable to source funds from banks and building societies even though their proposal is completely viable. We make common sense decisions and will help you obtain the funds you require when you require them.

Please feel free to contact us with your query and we will be able to advise you of your options.

Westgate complete most of our business bridging loans within 48 hours of application. The key features of this product are

• No Valuation or third party surveys
• No upfront costs whatsoever
• No current lender requests or consents required*
• Money paid direct from Westgate to you
• Any credit status considered
• Investment and cash flow support into your business as soon as it is required

 

*subject to your existing loan balances appearing on your credit file