Welcome to Bridging Finance
What Is Bridging Finance
Bridging Finance is a money advance. For example :
- funds that are due to you from a property transaction, pension, provident fund or other
- the conversion of property equity (value) into cash
- the facilitation of trade transaction normally by means of a cash advance or a guarantee
- lawsuit finance on the No Win – No Fee basis
Bridging Loans allow you to take advantage of a current opportunity or to settle debts
There are two main elements which apply to bridging loans and finance :
Security: If things go wrong ( for whatever reason) the bridging company does not want to lose and so will recover its loan from the security offered by you. There needs to be a clear indication of what is offered as security. |
Repayment: In order to enter into an arrangement to advance funds, a bridging finance company will always want to feel comfortable and convinced that the “exit strategy” ( loan settlement ) is secure. Your presentations need to be clear on how (from what source) the loan will be settled. |