Posts Tagged ‘Bridging finance’
A discussion of bridging finance
Monday, September 1, 2008 14:01 No CommentsMost people will have heard of the term bridging finance or bridging loan, but unless they have actually needed to apply for one, they may not be completely clear on what this type of loan is or what it is used for. An extremely simple definition would be that bridging finance is a type of [...]
What is Bridging Finance?
Wednesday, August 27, 2008 9:00 No CommentsBridging finance is used as a short term loan to bridge the gap when a property currently owned is still awaiting completion of the sale, but the owner wishes to purchase their new property immediately. Usually bridging finance will be offered at a slightly higher interest rate than normal borrowing, and will be of a [...]



