Bridge Direct offers various bridging loan solutions throughout the UK, depending on the customer's financial situation and needs.
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A bridge loan is a short-term loan used to finance investment properties. Borrowers with buy-to-let mortgages are typically approved but haven’t closed on the sale of their properties.
A bridging loan is a specific type of short-term financing that typically provides funding for businesses looking to buy a investment property before selling an existing one, however, whilst typically associated with this kind of usage, they can be used for a wide array of business applications.
A bridging loan can come in handy when you are trying to buy a new investment property and sell an existing one simultaneously. This short-term financing solution is designed to help bridge the gap between two transactions.
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