Already on ArticleSlash?

Forgot your password? Sign Up

Commercial Bridging Loan - Gets Any Commercial Property You Like


Visitors: 324

Bridging loans help one in the buying and selling of his home. Similarly, the commercial bridging loans are helpful to one in the purchase and sell of the properties, mostly the commercial properties. A land, a business site or building are certain things that falls under the criteria of commercial properties. So, you will never have to be worried of the gap in the buying and selling of the properties neither will you have to stuck in the mid of the transaction procedure just because of the lack of money.

These loans are short term loans as the borrower is given a very short period of time for paying it off. The time provided is short because the borrowers can easily repay the loan by selling his existing property. Here, the borrower will not have to wait for selling off the old property in order to buy the new one. The required amount will be provided by these loans. An amount ranging from £100,000 to £400,000 is being provided for a period of 1 to 12 months.

For availing these loans one must keep his existing property or the property to be bought as security. As these loans are secured in nature, it takes very less time in getting approved. Hence, a borrower does not suffer from the monotony of waiting for these too long. The rate of interest of these loans is generally higher as these are short term and the lenders do so in order to be free from the risk factor.

A person may have a bad credit record due to several reasons like CCJs, arrears, late payment, bankruptcy or defaults. Any person with any of such credit records is being allowed in the commercial bridging loans as for them too a loan to bridge the transaction gaps is necessary.

Eva Baldwyn aims to inform common men and women of the several issues involved in personal loans and mortgages through her articles. An MSc in Economics & Finance from the Warwick Business School is proof enough of the knowledge that she possesses in the field of finance. To find commercial bridging loans , residential bridging loan, personal bridging loan, bridging loan visit


Article Source:

Rate this Article: 
What Are Commercial Bridging Loans?
Rated 4 / 5
based on 5 votes

Related Articles:

Indispensable Information on Commercial Bridging Loan

by: Robin Brain (September 05, 2008) 
(Finance/Commercial Loans)

Commercial Bridging Loan - Meet Your Ends Instantly

by: Eva Baldwyn (June 09, 2008) 
(Finance/Commercial Loans)

Commercial Bridging Loan - Loans to Move Forward

by: Evaa Baldwyan (January 16, 2009) 
(Finance/Commercial Loans)

Commercial Loan For Your Hotel Property

by: John Berardino (June 20, 2008) 
(Finance/Commercial Loans)

Commercial Mortgage Loans Want a Commercial Construction Loan? Go Green!

by: Glenn Fydenkevez (June 25, 2008) 
(Real Estate/Commercial Property)

Do Not Neglect Your Commercial Property Loan During This Slowdown

by: Han Jun Zeng (August 26, 2008) 
(Finance/Commercial Loans)

Bridging Loans- For Commercial Use

by: Conner Bolton (January 14, 2011) 

Bridging Loans- For Commercial Use

by: Conner Bolton (December 02, 2010) 

Just What Are Commercial Bridging Loans?

by: Darren Horne (November 03, 2008) 

What Are Commercial Bridging Loans?

by: Darren Horne (August 27, 2008) 
(Finance/Commercial Loans)