Why you need a Bridging Loan?


 

We all need liquidity in order to function. But when that liquidity is challenged the knock on effect can be devastating.  A bridging loan with West One Loans will provide vital breathing space to organise alternative funding. And best of all,  the time from application to approval can be as little as 48 hours. 

A bridging loan is often used for:

  • Meeting transaction deadlines.
  • Borrowing against value as opposed to purchase price
  • Raising more capital by securing the debt against numerous properties
  • Providing finance when a conventional mortgage cannot be arranged within a given time frame
  • Providing finance to a development property to a standard where a conventional mortgage can be agreed.

Call us today to see how we can help your property portfolio grow.

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