Our short term bridging loans are for purchase, refinance, property improvement or to unlock working capital for business purposes.
This unique overdraft provides you with a flexible drawdown facility giving you instant liquidity and avoids heavy setting-up costs.
Individually structured development loans for residential and commercial projects, with finance available for site purchase, construction and fees, refinance, equity release and to provide working capital. Loans are available up to 90% of the site cost.
We have a commitment to innovation and with the ever changing financial landscape around us we have designed a range of unique Specialist Lending products that solve a range of property lending needs.
A Nottinghamshire-based client sought a commercial term loan to refinance a bridging facility previously arranged through another lender. The loan was required to repay approximately £385,000 on the existing facility, reimburse a private investor contribution, and provide additional funds to support future property investments.
The security consists of a former residential dwelling that has been successfully converted into a commercial hotel. The property now features 20 en-suite rooms, let on a room-only basis. Prior to applying for the loan, the borrowers had invested in a significant refurbishment, increasing the number of operational rooms from 9 to 20.
Alternative Bridging arranged a 5-year Commercial Term Loan of £487,500, secured against a property valued at £750,000. The structure of the loan provided a smooth refinance of the bridging facility, returned capital to the private investor, and allowed the client to retain funds to pursue new investment opportunities.
The case was introduced into underwriting on 13th May and progressed through to completion in just 19 working days. This was made possible with a clear proposal, a strong asset, and a collaborative effort from all parties involved.
With the term loan in place, the client now benefits from a long-term funding solution aligned with their business goals. The completed refurbishment has positioned the hotel to generate steady income, and the refinance ensures financial flexibility for the borrower moving forward.
To find out more about our Term Loans, please do not hesitate to Contact Us.
Ready, Set, Funded Our interest-only Term Loan helps support small and growing businesses and is also ideal for asset management situations.
