What is a term loan?

 

So what is a Term Loan and is it the right finance solution for you?

If you are unsure you can find out more below with our frequently asked questions.   Or simply give us a call and ask to speak to one of our experienced property finance professionals.

 

Exciting Changes!

Our Term Loan has just been re-launched with absolutely NO Early Repayment Charges and a new lower interest rate of 6.75% over BOEBR.

 

Traffic light image with 'Green lights' to signify the launch of our new Term Loan product with no early repayment charge

They are interest-only loans from £250,000 to £2M for up to five years.  Now with our new lower interest rate of 6.75% over BOEBR.

It is a longer term bridging loan (of up to 5 years).  Giving your finances the flexibility and time needed to complete an ongoing or complex project.

Now with absolutely No ERC’s and a new lower interest rate!!

Perfect for longer term projects & small business investments

 

It is a flexible loan particularly suitable for asset management situations.  Perfect for purchase, refinance and property improvement or to release working capital also to support small and growing businesses.

We love to lend

With our policy to listen and learn, we can often lend when others will not.   Our lending decisions are made by people for people.

Our loan is structured to match cash-flow including special arrangements for interest to be accrued when the property income is not yet stabilised so these can be ideal for business start ups.

How can I secure my loan?

 

They can be secured by a first charge over residential investments, office buildings, retail premises or industrial and distribution properties.

Read our Case Studies

 

Read examples of our recent Case Studies.

Successful case studies from Shropshire, The Lake District and Cardiff.

No, it is NOT interest free, but an interest-only loan.

Alternative Bridging offers a 5-year interest-only loan for purchase, refinance, property improvement or working capital for commercial and residential properties.

 

How much will we lend?

 

At Alternative Bridging, our loans are available from £250,000 to £2M for a term of up to five years with a new lower interest rate of 6.75% over BOEBR.

Please refer to our ‘Lending Terms Criteria‘.

 

Loan Repayment

 

You can repay this type of loan by the sale or refinancing of your property.

  • Now with NO ERC (early repayment charge)

It allows the funding of longer term projects. 

Our recently re-launched loan now has NO ERC and a new lower interest rate of 6.75% over BOEBR

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