Short-Term Funding Solutions for Business

Bridging loans and facilities provide short-term funding options to address immediate financial needs. At Richmond Asset Finance Ltd, we recognize the importance of quick access to funds and offer fast-turnaround bridging solutions tailored to your business requirements.

With traditional lenders, such as banks and building societies, becoming more cautious in the wake of financial challenges, the demand for bridging loans has grown, leading to a wider range of options in the market.

What Are Bridging Loans?

Bridging loans are designed to “bridge the gap” between an impending financial obligation—typically related to property transactions—and the availability of longer-term credit. They also serve as short-term loans in urgent situations, often making property acquisitions or developments possible when other funding options are unavailable.

When to Use Bridging Loans

Bridging loans can be utilized for various purposes, including:

  • Property investment and buy-to-let projects.
  • Land purchases and property development.
  • Addressing delays in securing long-term funding.
  • Managing HMRC debts.
  • Acquiring alternative business assets.

Key Benefits of Short-Term Commercial Bridging

  • Capital Injection: Rapidly access funds to support your business operations or growth.
  • Flexible Use: Support for property purchases, development, or acquiring critical business assets.
  • Bridging Delays: Overcome funding gaps caused by delays in long-term finance arrangements.

At Richmond Asset Finance Ltd, we specialize in creating bespoke funding solutions to meet your business’s short-term financial needs. Contact us to learn how bridging loans can help unlock new opportunities for your business.

What we can Offer

NON-REGULATED, FOR BUSINESS PURPOSES ONLY

  • 0.90% – 1.50% per month interest only
  • Up to 60% LTV on property and land
  • 1st Charge Only deals
  • Full Interest roll up or pay monthly
  • CCJ’s and Arrears considered
  • Discharged Bankrupts Considered
  • 100% funding available with additional security (subject to valuation)
  • Transactions anywhere in England & Wales
  • Commercial property, agricultural land, buy-to-lets, etc
  • Deal Sizes: £30,000 – no upper limit
  • No minimum term
  • NON STATUS, No accounts