Bridging Finance

Fast, short-term funding to bridge gaps in cashflow or time-sensitive opportunities.

We identify the right lenders based on your timeline and exit strategy.
Once approved, funds are released quickly to support your transaction.
The loan is repaid at the end of the term, typically through refinance or sale of property.

See how Bridging Finance might work for your business - speak to NorthFunding today.

Bridging Loans

Bridging loans do what they say on the tin, they help bridge gaps for businesses with funding, until repaid, or until longer term financing is confirmed.

Typical funding amounts?

£50,000 - £10,000,000

Repayments & Fees?

APRs vary but are often higher than other secured forms of lending because of the flexibility and speed bridging loans can offer.

Interest can be serviced monthly, but is often retained (sometimes known as being rolled up) to the end of the term to be paid down in exiting the bridge, through sale of the asset or refinance of the facility.

Terms are typically 12 months but can vary from 3-36 months with some lenders.

Eligibility & Security?

Bridging loans are generally higher risk for lenders, so will require strong financials and track record.

First or second legal charge will always be taken over properties for Bridging finance, whether it be commercial, semi-commercial or residential.

Director Guarantees may also be required, and Company Debentures are usually required where the deal is through an incorporated company.