Loan amount:
£100k - £10m
Rate from:
0.89%
Loan-to-value:
up to 75%
Term length:
3 - 21 months
Overview
We have access to several funding lines, meaning we can complete your commercial bridging loan in the same timeframe as our residential finance product. Our bespoke bridging finance also allows us to tailor our loan to your individual circumstance. Designed to be fast and flexible, we also provide competitive interest rates.
Key information
What is a commercial bridging loan?
Whether you are buying a new business or a commercial property, we can work with you on your specific requirement to make sure you have the funding you need.
Why do people need commercial or semi-commercial bridging loans?
What is the difference between semi-commercial and commercial properties?
Commercial properties:
A commercial property is used for business purposes and can house a company and its employees. Commercial properties include:
- Office blocks
- Shops and retail outlets
- Restaurants and pubs
- Warehouses
Semi-commercial property:
Residential areas are often made up of flats located above a shop. For example, the ground floor might be a post office or a small supermarket and all remaining floors above are residential apartments.
What is the difference between residential and commercial finance?
In comparison, commercial finance can help borrowers purchase a building that will produce a valid income for a business or company. Whilst some areas of the property may feature a residential dwelling(s). The property will also have an element of commercial activity going on in some of the space.
What can I use a commercial or semi commercial loan for?
- Moving office – Buying a new office building
- Converting residential property into semi-commercial
- Increasing company assets
- Renovations or conversions
- Starting a new business venture
- Auction deals
Why are commercial rates higher than those for residential loans?
Residential properties are often easier to liquidate than commercial assets, meaning that lenders often put more on the line when lending on a commercial asset. To balance out this increase in risk, rates are often therefore higher to safeguard the lender.
When would you use commercial finance?
What are the benefits of commercial finance for new businesses?
Speed
Commercial loans allow an individual or limited company to purchase or renovate a commercial property quickly, as funds can be in your account in as little as three days. This can be particularly helpful for smaller businesses as refurbishment works can then start immediately. If purchasing a new office building or a semi-commercial asset, business owners are able to buy quickly and get the company set up and running, as mainstream finance can take months to complete in comparison.
Expanding
A commercial loan can also provide the necessary funds to expand your company by investing in your current asset.
Contact us
Our other products
Our case studies
Purchasing a semi-commercial fire burnt asset with refurbishment plans to renovate rental yield
Gross Loan Amount: £260,000 Market Value: £400,000 LTV: 65% Initial Circumstances A new broker reached out to our underwriting team, introducing a new client who was looking to invest in ...
A commercial 2nd charge raises funds for a new venture
Gross Loan Amount: £700,000 Market Value: £7,000,000 Initial Circumstances A new client contacted us recently, looking for a loan to help their business. They wanted to raise funds against a ...
Pandemic delays and fast bridging to secure an urgent refinance
Gross Loan Amount: £660,000 Market Value: £1,100,000 LTV: 60% Initial Circumstances A new broker approached us last month when their client suddenly found themselves in urgent need of funding. The ...