Bridging Finance Solutions
Short-term funding for when speed and certainty matter, bridging the gap until a sale or a longer-term facility takes over.
Fast, short-term, and repaid from a clear exit
Bridging finance is a short-term loan, secured against property, arranged quickly to cover a gap. The security might be the property you are buying, or one you already own. You draw the funds, use them for a defined period, and repay the loan in full at the end from your exit, usually a sale or a refinance onto a longer-term facility.
It is priced by the month rather than the year. That is part of why it can be arranged so fast, and part of why it needs care. A rate that sounds small each month is a large one over a year, so bridging earns its place when it is short and the way out is clear.
At a glance
Use
To cover a short-term gap until a sale or refinance
Term
Typically up to 12 months, sometimes longer
Amount
From tens of thousands to several million
How much
Typically up to 70 to 75% of value, more with additional security
Pricing
Charged monthly, keenest for low loan-to-value with a clear exit
Repaid
In full at the end, from your exit
The exit is the whole point
Every bridge lives or dies on one question: how does it get repaid? A bridge with a clear, credible exit is a useful tool. A bridge without one is a trap, and an expensive one, because when the exit does not arrive the interest keeps building and the pressure grows.
So we start at the end. Before we talk about lenders or rates, we work out how the loan will be repaid and how realistic that is. If the exit is sound, we arrange the bridge and get it done at speed. If it is not, we say so, and we look for a better answer.
We have spent years refinancing businesses out of short-term debt that was sold to them without that discipline. We would rather you never needed us to.
When bridging is the right tool
Bridging suits situations where timing is the constraint and a longer-term facility cannot move quickly enough.
- Buying at auction or under a tight deadline, where funds must be in place fast
- Breaking a chain, or buying before an existing property has sold
- Refurbishing or converting a property so it can then be mortgaged or sold
- Releasing capital from property quickly to take a time-sensitive opportunity
- Covering a gap when a transaction is held up and cash is needed to keep it moving
Speed, and a straight answer
When bridging is right, speed is the point, and we know which lenders can genuinely move on a tight deadline, rather than those who only say they can. We are whole-of-market, and after more than twenty years we know where to take a deal that has to complete fast.
Every lender fee and every commission is disclosed before you commit, and every deal is led by a principal. You get speed when it is needed, and an honest answer about whether it is needed at all.
Commercial Property Developer
Property · £1,335,000 · Bridging Finance
A property investor was converting a commercial building into serviced offices and needed funding to see the project through. We secured a £1,335,000 bridging loan over 12 months, secured against the property. Because the loan is interest only, the monthly payments stay low while the development is under way, which keeps cash available for the build. The full loan is then repaid at the end of the term.
Talk to us before you bridge
If you are weighing a bridge, or you have been offered one and are not sure it is right, talk to us first. We will tell you honestly whether it is the answer, and if it is, we will move fast.
Copyright - Goodman Corporate Consultancy Ltd
Goodman Corporate Finance is a trading style of Goodman Corporate Consultancy Ltd. Company no 5364029 Registered in England and Wales.
Registered office: 5 Prospect Place, Millennium Way, Pride Park, Derby, DE24 8HG.
Goodman Corporate Consultancy Limited is an FCA authorised Credit Broker and not a lender.
We typically receive a payment (s) or other benefits from the finance provider if you decide to enter into an agreement with them depending on the chosen provider and their commission or incentive models. Different lenders pay different amounts depending on different commission models. Further details of the commission model, calculation and amount will be disclosed to you throughout your customer journey.
Goodman Corporate Consultancy Ltd is Authorised and Regulated by the Financial Conduct Authority under number 733340.
Goodman Corporate Finance is registered with the ICO no. Z1828753.
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