£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’ll can either arrange a bridge extension (loan) or you might prefer to move your loan elsewhere.
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.
Moving your loan elsewhere might (or might not) be a cheaper and better option in the longer term.
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