£25,001 to £100m (maximum 80% loan-to-value ratio)
Typically up to 12 months but can be up to 3 years
Interest rates might be lower or higher than your existing bridging loan (plus arrangement fee)
From 48 hours
Re-bridging (if you're approaching the end of the term on your bridging loan)
Any business with an existing bridging loan
If your business is approaching the end of the term on a bridging loan, you’ll need to re-bridge, i.e. arrange a new bridging facility to replace your existing loan. You can either arrange a bridge extension (loan) or you might prefer to move your loan elsewhere.
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The amount is £25,000 to £100m (maximum 80% loan-to-value ratio). Usually up to 12 months but can be up to 3 years.
If you’re looking to refinance an existing bridging loan at a better interest rate, or if your existing bridging loan is coming to the end of its term and you no longer have an exit in place (i.e. something’s not gone to plan), you have two options.
!      Higher interest rates – as a bridging and re-bridging loan is considered short term lending, the rate charged may be higher
!      Higher payments – also as the payment terms are shorter, repayments will be correspondingly larger over a period of shorter time.
!      Higher risk – You’ve taken out a bridge loan in anticipation of future income. If this fails to materialise, you will be burdened with large repayments which could severely impact your business moving forward.
Although understanding bridging financing is fairly straight forward, getting the most value of out of your commercial bridging and re-bridging is not necessarily easy! The timing, length and term value of a bridging loan is crucial to ensuring it is an optimal choice for your business. Before proceeding ahead please consider carefully the cost and benefit of a bridging and re-bridging loan. We also provide a variety of short, medium to long term lending options such as invoice finance,  working capital finance or revolving credit facilities.
If you have taken out a bridging loan and you are unsure if you want to re-bridge, consider:
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