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.
An experienced restaurateur in Ascot sought to transform a redundant public house into a Italian casual dining restaurant aimed at serving the local sporting community. While the business had already been established, there was a significant opportunity for further improvement and growth. However, to make the most of on this potential, the restaurateur needed a financial solution to secure the property and provide the time necessary to prove the restaurant’s profitability before pursuing long-term financing. The challenge was securing a loan with favourable terms given the initial state of the business.
To address the restaurateur’s needs, a two-year commercial bridging loan of £580,000 was provided by Alternative Bridging. With a Loan-to-Value (LTV) of 65%, this loan enabled the purchase of the freehold property and provided the necessary capital to establish the restaurant. The bridging loan was structured to allow sufficient time for the restaurateur to enhance the business’s operations and profitability. This temporary financial solution was designed to bridge the gap between the initial establishment phase and the eventual refinancing through a long-term term loan once the business had demonstrated its financial stability and growth potential.
The two-year commercial bridging loan successfully enabled the restaurateur to purchase the freehold of the redundant public house and transform it into a vibrant Italian casual dining restaurant. During this period, the restaurateur focused on optimizing operations, enhancing the dining experience, and building a strong customer base within the local sporting community. As a result, the restaurant’s profitability improved, positioning the business for long-term success. By the end of the loan term, the restaurateur was able to refinance the property with a term loan, ensuring the sustainability and continued growth of the restaurant. This case highlights the effectiveness of commercial bridging loans in supporting business transformations and enabling long-term financial success.
Getting commercial finance doesn't have to be this tricky Our Commercial Bridging Loans are available for purchase, refinance and property improvement or for unlocking working capital.
