Bridge Direct aims to offer these loans to all property developers and business owners across the UK, even if they have bad or adverse credit.
Bridging loans are a temporary finance solution that is usually associated with property purchases and commercial requirements. These funds are offered by a bridge loan lender, although these can be distributed by a broker. By making use of these short term bridge loans many business owners across the UK have been able to resolve temporary financial gaps, helping them to maintain business flow and growth. Generally, bridge loans are taken out for as a temporary measure until the availability of a longer term solution like a mortgage or bank loan.
Bridge loans are also suitable for those who have bad or adverse credit, as bridge loans are a secured loan, your credit rating may not matter. Bridge Direct will consider bad or adverse credit for all their bridge loan services. The team at Bridge Direct are highly experienced, will give you a guaranteed instant decision and in some cases, they will process the accepted loan request on the same day.
Below are the few advantages of the Bridge loans from Bridge Direct:
Speed up New Property Purchases
Bridge loans can help to speed up the completion of property purchases. By making use of Bridge Loan, for example, when in a chain, you can complete the purchase to begin any renovation and even move into the property before the sale of your existing property completes. This minimizes the waiting time and in the case of buy-to-let enables you to get a tenant in much quicker.
Saves time, focus on what is important
When you apply for a Bridge Loan with Bridge Direct, you can be sure you are speaking with the decisions makers, no middle me are involved. Bridge Direct are lenders, and not brokers, with access to over £15 million in funds, they will guarantee an instant decision on all bridge loan requests.
It is this kind of service that separates the from banks and mortgages lenders, who due to the recent financial crisis, have imposed many additional credit and process checks as well as raising the set criteria on loans in general.
Poor or Adverse Credit may not be a problem
Most banks or building societies will not entertain a loan request when you have a bad credit score or adverse credit history. If you are facing this kind of issue but still require an instant finance then Bridge Direct may still be able to help. As bridge loans are secured loans, you may still be eligible for any of Bridge Directs bridge loan services.
So, if you are looking for a bridge finance solution for any residential or commercial requirements then look no further than Bridge Direct for an immediate solution.
Bridge direct will guarantee an instant decision on all loan requests, and in some cases you may be able to have your loan process on the same day. You can reach the Bridge Direct team by calling them on 020 3126 4969 or by filling their online application form at www.bridge-direct.com