Bridging loan
A bridging loan is fast, short-term finance to bridge a gap, for example completing a property purchase before longer-term funding or a sale comes through. Speed is the point; it's repaid from a clear exit.
No credit check to see your options.
- Term
- 1 to 18 months
- Security
- Secured, usually on property
- Exit
- Repaid from a sale or refinance
Is it right for your business?
Who it suits
Time-sensitive property purchases or auctions
Covering a gap until a sale or refinance completes
Short-term needs with a clear, dated exit
Worth knowing
Higher monthly cost than long-term finance
Needs a credible exit plan
Pros
Very fast to arrange
Flexible on the underlying situation
Interest can often roll up
What it costs you
Indicative only. Actual terms depend on the lender and your circumstances.
Related facilities
Other funding types worth comparing with this one.
What is an exit on a bridging loan?
The exit is how you'll repay it, typically the sale of a property or refinancing onto a longer-term facility. Lenders want this to be clear and realistic before lending.
See what you qualify for
Start your application now. It's free, takes minutes, and there's no credit check to view your options.