City Bridge Loans Reviews

City Bridge Loans provides reliable bridge loan solutions with positive reviews, emphasizing efficient service and customer satisfaction in short-term financing.

Here are the Trustpilot Reviews from City Bridge Loans:

Here are the Reviews from City Bridge Loans:

Asset Based Lending is the place to shop for all your construction needs. Their easy funding policy, makes life so much simpler for any builder to focus on building and not be worried about financing project. Boris was supper helpful to accommodate me with all me financing needs.

Ray P.

Truly a pleasure having ABL on every deal! Thanks to their lending expertise and timely support and guidance throughout the process to get the best loan for my deals. I can see my company growth from 1-2 flips to numerous flips, new construction, and DSCR loan to grow my portfolio.

Pedro E.

I am glad I got to know Asset Based Lending, they made funding for my construction site very simple. They have a great team of people, that would go out of their way to help. Boris has been great and very helpful, I highly recommend them for all your Construction financing needs.

Mike A.

I have had the pleasure of working with Boris Akbashev for my real estate financing needs on my last 10-15 projects, and I cannot speak highly enough of his professionalism and expertise. Boris demonstrated a deep understanding of the lending process and went above and beyond to ensure I secured the best possible terms.

John S.

Great experience! They always answered or returned my calls immediately and walked me through the entire process and made sure all my questions were answered. I had a couple of questions weeks after my loan closed and they still responded immediately and made sure I was taken care of. Great experience and I would highly recommend ABL.

Cindy G.

Explore City Bridge Loans' Finance Solutions:

Standard Bridging Loan

£100,000 – £25,000,000

Light & Heavy Refurbishment Finance

£150,000 – £5,000,000 (up to 100% of works cost in tranches)

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Explore City Bridge Loans' Finance Solutions:

Loan Type:

Standard Bridging Loan

Loan Range:

£100,000 – £25,000,000

Loan Terms:

3 – 24 months

Minimum Turnover and Trading Age:

No minimum trading history; property security is the primary requirement

Interest Rate:

0.75% – 1.35% per month (9.0% – 16.2% p.a. equivalent)

Fees:

2% arrangement fee; legal and valuation costs; no exit fee if repaid after 3 months; 1-month minimum interest

Loan Type:

Light & Heavy Refurbishment Finance

Loan Range:

£150,000 – £5,000,000 (up to 100% of works cost in tranches)

Loan Terms:

6 – 18 months

Minimum Turnover and Trading Age:

Borrower or contractor must evidence relevant refurbishment experience

Interest Rate:

0.79% – 1.45% per month

Fees:

2% arrangement; 1% exit; monitoring surveyor fees for heavy works

Loan Type:

Ground-Up Development Finance

Loan Range:

£500,000 – £25,000,000

Loan Terms:

12 – 30 months

Minimum Turnover and Trading Age:

Minimum two successfully completed developments in last five years

Interest Rate:

7.5% – 11.0% p.a. (rolled-up)

Fees:

2% arrangement; 1% exit (waived if refinanced with City Bridge Loans’ bridge-to-let)

Loan Type:

Auction Finance

Loan Range:

£100,000 – £3,000,000

Loan Terms:

1 – 12 months

Minimum Turnover and Trading Age:

No trading requirement; asset-backed

Interest Rate:

0.80% – 1.40% per month

Fees:

2% arrangement paid from advance; no exit fee after 3 months

Loan Type:

Bridge-to-Let (Exit Bridge)

Loan Range:

£250,000 – £5,000,000

Loan Terms:

12 – 36 months

Minimum Turnover and Trading Age:

Property holding SPV acceptable; no trading history needed

Interest Rate:

7.25% – 8.99% p.a. fixed (pay monthly or retained)

Fees:

2% arrangement; no exit fee if refinanced to a term BTL lender

Loan Type:

Loan Range:

Loan Terms:

Minimum Turnover and Trading Age:

Interest Rate:

Fees:

More About City Bridge Loans

Capital on Tap Limited, a UK fintech lender founded in 2012, focuses on providing unsecured revolving credit to small businesses primarily via its Visa business credit card. Operating under Financial Conduct Authority authorisation (FRN 813491), it offers rapid online credit decisions through a fully digital platform. This lender chiefly serves established UK SMEs that have at least 12 months of trading history and an annual turnover of £24,000 or more. Its products might suit companies needing flexible working capital access rather than long-term, low-cost finance. For general insights on unsecured business loans and business loans, Funding Agent provides comprehensive resources.

Key Features of Capital on Tap

Capital on Tap offers several practical features aimed at small business convenience and efficiency, leveraging a digital-first approach.

Application and account management are 100% digital, supported by mobile apps with real-time notifications; explore quick business finance tools.
Earn up to 1% cashback or Avios rewards convertible to statement credit on everyday purchases; see details on business credit cards.
Free unlimited additional employee cards with tailored spend limits help manage team expenses effectively; relevant to revolving credit loans.
Integration with popular accounting software such as Xero and QuickBooks eases financial tracking and reporting; tools can assist in financial planning.
Customer service is high rated with 24/7 in-app chat and UK-based phone support ensuring accessible help.

Funding Eligibility

You may qualify for Capital on Tap’s credit products if your business meets several criteria commonly expected in UK lending. At minimum, your business should have traded for 12 months with an annual turnover of at least £24,000. The company and business owners must be UK-based residents. Personal guarantees from at least one director or business owner are invariably required. Some sectors, including gambling and adult entertainment, are excluded. For a more detailed understanding, consult guides on loan eligibility requirements and personal guarantee requirements. You might also benefit from an unsecured business loan calculator to assess affordability.

Loan Options Available

Capital on Tap provides two main types of credit facilities suited to short-term financing and flexible cash flow management for SMEs.

Capital on Tap Business Credit Card (Revolving Credit Facility): Offers credit limits between £1,000 and £250,000, with open-ended revolving terms requiring a minimum monthly repayment of 10% of the outstanding balance. Interest rates range from 15% to a representative 39.9% variable APR. No annual fee applies on the standard card option. Explore more about business credit cards and annual percentage rate explanations.
Capital on Tap Fixed Repayment Loan (Cash Drawdown Plan): Allows drawdown of up to the available credit limit with fixed repayment terms over 6 to 12 months. Interest rates are personalised within a roughly 14% to 35% APR range. Early repayment is permitted without penalties. This uses the credit card balance as security but remains unsecured physically. Additional details on unsecured working capital loans provide context.

How to Apply

The application process is fully digital and designed for speed and ease, ideal for businesses familiar with online finance applications.

Submit an online application via Capital on Tap’s website or mobile app; typical decision times are under two minutes, embodying online application efficiency.
Provide basic business details, personal and director information, and financial documents such as bank statements or banking login access; see checklists in the business plan agent tool.
Undergo a soft credit check initially, moving to a hard credit search upon acceptance. Personal guarantees must be signed by one or more directors; learn more on guarantor requirements.
Receive instant virtual card access and rapid fund disbursement to your business bank account; funding speed aligns with same day funding options.

Funding Agent's View

Capital on Tap represents a digitally streamlined, unsecured lending option for established UK SMEs needing quick and flexible working capital access. Its revolving credit card, with rewards and high credit limits, is well suited to companies confident in managing short-term cash flows. However, required personal guarantees and relatively high variable APRs may limit appeal for firms seeking long-term or low-cost finance. For more detailed exploration, check Funding Agent’s resources on unsecured business loans, refine eligibility with our eligibility guides, or compare lenders through our business finance tools.

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