Bridging Loans and Bridging Finance

If you need short-term finance to get your business from A to B, a bridging loan could be the right solution for you. It’s generally used for the purchase and renovation of property, but you can use bridging finance for a range of commercial purposes.

Bridging Loans and Bridging Finance
  • This quote won't affect your credit score
  • Dedicated Business Finance Specialist
  • Get access to 120+ lenders

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  • This quote won't affect your credit score
  • Dedicated Business Finance Specialist
  • Get access to 120+ lenders

Bridging Loans and Bridging Finance - Features and benefits through Funding Options:

  • We compare 120+ lenders

  • A Finance specialist is available to guide you through the process

  • It is free and doesn’t affect your credit score

  • You could receive a decision within 24 hours

  • Designed for a range of purposes, including property

  • Borrow between £5,000 and £250 million

Bridging Loans and Bridging Finance - How does it work?

  • Due to the short term nature of the loan, interest rates can be higher. However, you can sometimes choose to have the interest payments 'rolled up', meaning you’ll pay a lump sum of interest at the end of the agreed term.

  • Generally speaking, there will be a fee for the arrangement of the loan as well as administration fees, as with all products. These vary from lender to lender.

  • A first charge bridging loan is when the property you're securing the loan against doesn’t have any other loans secured against it. If you already have a loan against the property, a second charge loan will apply.

  • Property will usually be required as security and depending on the terms of the loan, you may also need to provide proof of income. If you’re taking out bridging finance for commercial purposes, you may have to share a business plan.

Financial product information

Representative example*

7.63% APR Representative based on a loan of £50,000 repayable over 24 months. Monthly repayment of £2,252.94. The total amount payable is £54,070.56

*Some lenders may apply fees during the application process, please note that these are set and provided by these entities.

Annual Percentage Rate

Rates from 2.75% APR

Repayment period

1 month to 30 years terms

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Disclaimer: Funding Options helps UK firms access business finance, working directly with businesses and their trusted advisors. We are a credit broker and do not provide loans ourselves. All finance and quotes are subject to status and income. Applicants must be aged 18 and over and terms and conditions apply. Guarantees and Indemnities may be required. Funding Options can introduce applicants to a number of providers based on the applicants' circumstances and creditworthiness. We are also able to make insurance introductions. Funding Options will receive a commission or finder’s fee for effecting such finance and insurance introductions.

*Eligibility criteria apply - see Tide website for full details.

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