{"id":5492,"date":"2020-05-15T13:32:15","date_gmt":"2020-05-15T13:32:15","guid":{"rendered":"https:\/\/swoopfunding.com\/na\/?post_type=knowledge-hub&p=5492"},"modified":"2025-08-18T08:39:26","modified_gmt":"2025-08-18T08:39:26","slug":"bridging-loan","status":"publish","type":"knowledge-hub","link":"https:\/\/swoopfunding.com\/na\/knowledge-hub\/bridging-loan\/","title":{"rendered":"Bridging loan"},"content":{"rendered":"\n\n\n
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\n \n What is a bridging loan? <\/a>\n <\/h5>\n <\/div>\n\n
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A bridging loan is a quick-turnaround, short-term loan<\/a> (usually less than 12 months) made to an individual or business until either this loan can be cleared in full or a more permanent source of funding secured.\u00a0<\/em>

You can think of a bridging loan as a temporary loan that gets you from A to B, hence the \u2018bridge\u2019 idea. These loans can be secured against all types of property, including property that other lenders might deem unsuitable, and also against inventory.

They are quick to arrange (from 48 hours) because typically they have flexible lending criteria and don\u2019t need extensive checks.\u00a0

You\u2019ll often hear \u2018bridging loan\u2019 used in the context of domestic or commercial property purchases, but you can use bridging finance for any commercial purpose, as long as you have a clear exit in place. In other words, a lender will want to know that, at the end of the term, you can either clear the bridging loan in full (with interest) or move it on to a more permanent type of finance with a traditional lender, e.g. a term mortgage.<\/p>\n <\/div>\n <\/div>\n <\/div>\n

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\n \n Why choose a bridging loan? <\/a>\n <\/h5>\n <\/div>\n\n
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You might consider a bridging loan if you are:<\/p>\n