Using a bridging loan for your property business
As the name suggests, bridging loans ‘bridge’ a gap of some description. They are short-term loans, usually for no more than two years, that are secured against property and are normally repaid via one of these methods: One of the principal advantages of bridging finance is that the funds might be provided within a few […]
What are the drawbacks of a bridging loan?
If you’re looking to buy a piece of residential property or invest in real estate, a bridge loan, or ‘bridging loan’ can be a good financing option. However, as with most financing options, there are pros and cons to consider. What is a bridging loan? A bridge loan is a short-term financing option whose term […]
Benefits of development finance
Many businesses large and small have benefitted from taking out development finance. But what exactly are the advantages of this form of finance? Rapid access to finance Development finance can usually be arranged very quickly, certainly faster than you would expect with a mortgage application. No lengthy repayment period Development finance loans typically have terms of […]
What are some drawbacks of development finance?
What exactly is development finance? It is a loan for the development or renovation of residential, commercial, or mixed-use properties. Development funding is frequently given to skilled builders and developers for them to obtain the cash necessary to convert their construction concepts into commercial realities. Drawbacks of development finance Inconsistencies in national development strategies, policy […]
How much does development finance cost to your business?
What exactly is development finance and how much does development finance cost to your business? It is a loan for the development or renovation of residential, commercial, or mixed-use properties. Development funding is frequently given to skilled builders and developers in order for them to obtain the cash necessary to convert their construction concepts into […]
