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.
Shropshire Term Loan: Empowering Developer Success
Alternative Bridging’s new term loan programme has provided an active developer and investor with working capital for a property in Shropshire. This Shropshire term loan was secured by the first charge on a self-contained flat used for holiday lettings. The loan aimed to refinance short-term facilities and sustain operations during the complexities of property development.
The borrower acquired an attractive period building and converted it into three apartments. The apartments are located near to the England and Wales border in a picturesque market town being an ideal location for holiday lettings. Alternative Bridging’s underwriting process enabled a complete evaluation, allowing satisfaction that the repayment would be comfortably met.
With the borrower’s broker expressing confidence that refinancing can be achieved within three years, the term loan was structured accordingly. Provided with a lower interest rate than a bridging loan, the borrower effectively reduced operating costs and secured a larger loan. This provided the borrower with the financial stability to allow for the establishment of income streams.
This case underscores Alternative Bridging’s commitment to tailored solutions based on the borrower’s needs and requirements that in return, enable them to navigate challenges effectively. By providing a reliable source of working capital, secured by property assets, we enable developers and investors to achieve their goals. In doing so, we help to drive success in the competitive UK property market. With a structured repayment plan and lower interest rates, the borrower gained financial stability and flexibility. This set the stage for their long-term success and growth. In return, this strengthened confidence in Alternative Bridging’s ability to deliver impactful tailored financial solutions for our borrowers.
If you would like to see more of our Term Loan case studies, click here.
Ready, Set, Funded Our interest-only Term Loan helps support small and growing businesses and is also ideal for asset management situations.
