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 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.
Flexible first and second charge non-regulated loans available on terms from 3 to 5 years.
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 finance needs.
Overdraft Loan Home Counties
The Covid-19 lockdown affected many people, such as those who were in the midst of selling their homes or properties. This particular case study focuses on how our Alternative Overdraft Loan helped a client during these tough times.
One of our recent clients found themselves in an uncertain situation. They were tasked with repaying a bridging loan that had already expired, while simultaneously overseeing the sale of their property. A sizable country estate that served as both their family’s dwelling and a thriving wedding venue business. To make matters worse, the client was also grappling with an increased need for working capital due to numerous event cancellations stemming from the Covid-19 lockdown.
Given the circumstances at hand, we proposed and swiftly enacted an innovative remedy: the Alternative Overdraft Loan. In this case, it was specifically tailored for the Home Counties region. The loan offered the necessary flexibility to accommodate an extended repayment timeline.
Crucially, the Alternative Overdraft structure provided immediate liquidity to settle the outstanding bridging loan. Also, while ensuring sufficient funds to address future working capital requirements. We anticipate repayment of the overdraft from the eventual proceeds of the property sale, providing a seamless transition toward financial stability.
Thanks to the strategic deployment of the Home Counties Overdraft Loan, our client effectively tackled the pressing financial obligations posed by the expired bridging loan.
Furthermore, the inherent flexibility of the overdraft arrangement provided a bespoke solution to sustain ongoing working capital needs amidst the unpredictable landscape of the pandemic.
With a clear roadmap for repayment derived from the property sale proceeds, our client could confront their financial hurdles with assurance. The client was able to protect both their cherished family abode and their flourishing wedding venue enterprise.
Shouldn't accessing property finance be easier? This unique overdraft provides you with a flexible drawdown facility giving you instant liquidity and avoids heavy setting-up costs.
