Wealth Bridge Capital has helped businesses access the funding they need to grow and prosper.
Many had previously been turned down by a traditional lender or asked to submit extensive applications before they would even be considered.
We provide a fast, straight-forward alternative to traditional lenders. We look at different lending criteria and will consider all credit profiles, with every loan application decided by a human, not an algorithm.
Come talk to our experts to help you access the funding your need.
Bridging Loans From Wealth Bridge Capital
What is a commercial bridging loan?
Commercial bridging loans are, as their name suggests, bridging loans which are secured against commercial property. They are used to secure funds quickly to fund commercial property purchases or release funds from a commercial property.
How do commercial bridging loans work?
They are short-term, interest only loans which are usually arranged for up to 18 months (although some lenders offer longer terms). During the term of the loan, interest is usually rolled into the loan and repaid at the end of term, or sooner if the loan is repaid early. As such, there are usually no monthly payments to make. This is similar to the way interest is handled using a residential bridging loan or development finance.
When should I use commercial bridging finance?
They are used when funding is needed to secure a commercial property, often in situations where a commercial mortgage wouldn’t be appropriate. This is usually either related to how quickly the funds are needed, or because a commercial mortgage wouldn’t be available in current circumstances.
Reasons For Commercial Loans
The main reasons for taking commercial bridging loans are buying at auction, in other conditions where completion must take place quickly, or where refurbishment works will be undertaken on the property. Other reasons include funding a property while it is sold, funding for new businesses and using a bridging loan to repay adverse credit prior to a term loan being taken.
They are often used as bridging loans for small businesses to purchase or release equity from their business premises.
What property types can a commercial bridging loan be used for?
Our commercial bridging loan products are often used to fund:
- Offices, professional practices
- Pubs, bars, and restaurants
- Hotels, guest houses and B&Bs
- Retail units and business parks
- Warehouses, factories and industrial units
- Large HMOs/unusual residential investments
- Mixed use property
- Care homes
- Places of worship
- Commercial premises