Large loans and the private banks

Bridging finance

 

Demand for bridging finance has increased significantly since the downturn, filling the gap left by traditional lenders reluctant to provide longer-term funding. Bridging loans tend to be short term and on an interest-only basis, aimed at clients who require a quick decision. Bridging finance rates have fallen so it is not as expensive as in the past, with many more lenders providing access to such products. However, it remains a specialist area so specialist advice from a broker such as Anderson Harris, is crucial.