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420k Bridging Loans - Apply Now

A £420,000 bridging loan offers UK SMEs a flexible short-term financing solution to bridge cash flow gaps during transitional periods, such as awaiting client payments or securing longer-term funding. Provided by Funding Agent, this loan supports essential business activities including payroll, inventory acquisition, and operational expenses, ensuring continuity and growth without disruption.

Secure up to £420,000 in Bridging Loans with Funding Agent.

Secure up to £500,000 in Secure up to £420,000 in Bridging Loans with Funding Agent. with Funding Agent.

  • Quick and easy application process
  • Loan disbursed within 24 hours
  • No additional charges for early repayment
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What are the benefits of 420k Bridging Loans?

The primary advantage of bridging loans is rapid access to funds, often crucial for capitalising on urgent business opportunities. With amounts ranging from £50,000 to £25 million, these loans provide flexibility to businesses even with limited credit history. Typically, decisions are made within 24 to 48 hours, with funds generally available within 7 to 14 days post-approval.

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Quick access to funds
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Flexible repayment options
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Short-term financing solution

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What are the different types of 420k Bridging Loans?

Property Acquisition Bridging Loan

Property Acquisition Bridging Loans are designed for business owners and SMEs with a viable exit strategy, requiring security such as property. Amounts range from £250,000 to £2 million, with lending terms from 3 to 24 months.

Property Acquisition Bridging Loan

This type of bridging loan has interest rates from 0.4% to 2% per month, with decisions typically made within 48 hours and funds available in 7-14 days. They are ideal for purchasing new business premises while waiting for the sale of current property, making them popular in sectors like retail and hospitality.

Capital Raise Bridging Loan

Designed for UK-registered businesses with a viable repayment plan, Capital Raise Bridging Loans offer amounts between £100,000 to £5 million over terms of 6 to 18 months.

Capital Raise Bridging Loan

Interest rates range from 0.5% to 1.5% per month, with pre-approved decisions in 24 hours and funds within 10 days. They are used for raising capital for immediate working capital needs, with examples from manufacturing and tech startup sectors.

Auction Bridging Loan

Auction Bridging Loans assist SMEs participating in property auctions. Applicants must demonstrate a repayment plan post-auction. Loan amounts range from £50,000 to £3 million.

Auction Bridging Loan

These loans come with interest rates from 0.6% to 1.8% per month, with approval within 24 hours, and funds released quickly post-auction win. They support quick property purchases, often utilized by retail chains and hospitality enterprises expanding locations.

What is a 420k Bridging Loan?

Application Process for Bridging Loans

The application process for bridging loans involves providing financial statements, business plans, and asset information for security purposes. Lenders assess these elements to ensure the creditworthiness and feasibility of the exit strategy before approval.

Regulatory and Compliance Requirements

Bridging loans in the UK are regulated by the Financial Conduct Authority (FCA), ensuring lenders maintain high standards of practice and consumer protection. Compliance includes a thorough assessment of the security value and borrower credibility.

Borrowing Capacity and Rate Information

Borrowing amounts range from £50,000 to £25 million, influenced by the security value, business credit profile, and repayment plan. Interest rates typically fall between 0.4% to 2% per month, though rates can vary based on loan amount, LTV ratio, and market conditions.

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