Bridging Finance Advantages

Re-Publish this Article

<h1>Bridging Finance Advantages</h1><strong> Author: <a href='http://www.articleseen.com/profile_Oliver Smith.aspx'>Oliver Smith</a></strong><br /><p>Loans are now just a click away from you. Finding a suitable financial partner on the web, provide the necessary details and you are surely bound to receive a loan. Bridging finance is one such option that you are sure to find when you tend to have a short term emergency for money. The short term emergency could be to repair your car, refurbish you home, etc. Bridging loans do come in handy for such occasions. A bridging finance is a short term loan that can be utilized for immediate money requirements. The repayment schedule is quite short which can be to a maximum of up to 12 months. Any property or asset is to be mortgaged in order to avail the loan. The loan value depends on the valuation done on the property by a valuator, which varies from 65% to 90% of the value of the asset or property. Certain flat charges for valuation of the property, legal opinion on the property, etc. are charged along with the interest of the loan amount, normally on one term basis. Here are some of the advantages of Bridging finance which you ought to know. • The loans can be availed in a very short duration of time; the minimum time could be about 24 hours from the time of approval of your application. Though in certain cases the time duration can be as high as up to 7 to 12 days. But still this remains the fastest means of availing a loan compared to other means. • Top up loans can always be availed on the present loan, thus providing ease of availing extra money. The time duration for availing such top ups is very much in negligible. • Repayment schedules for the loan are very much flexible and do provide ample opportunities for early repayment of the loan. • Loans up to 95% can be availed on the property based on the loan to value criteria, thus providing ample money flow based on the property value. • Assets or properties can be attached to the loan in order to avail a higher loan value. • Best suited finance method for business requirements such as capital investment, etc. Availing a bridging loan at the time of requirement in business can help for business growth and development. • Bad credit histories do not cause much problem in availing a bridging finance. Based on the amount of the bad credit the loan value may be decreased accordingly, but never would a bridging loan be denied except for highly exceptional cases. • Bridging loans can be availed for buying new properties or assets. Even properties bought from auctions can avail a bridging finance. • Best suited finance method for property developers who intend to build up a property and sell it. The short term benefit obtained from this loan will surely be beneficial for both the financial institution as well as the property developer. Leaving apart all the above said points, Bridging finance does provide an immediate relief to cash strapped people and businesses.</p><strong>About the Author:</strong><br />Oliver Smith is presently working with Best Bridging Loans as a financial suggestions. For more information click on <a rel="nofollow" href="http://www.bestbridgingloans.com/">bridging finance</a>, bridging loan, bridging loans UK, bridging loan UK, <a rel="nofollow" href="http://www.bestbridgingloans.com/">bridging loans</a>. <p> Article Source: <a href='http://www.articleseen.com/Article_Bridging-Finance-Advantages_116812.aspx'> http://www.articleseen.com/Article_Bridging Finance Advantages_116812.aspx</a></p>

Article Source : http://www.articleseen.com/Article_Bridging Finance Advantages_116812.aspx

Keywords : bridging finance, bridging loan, bridging loans UK, best bridging loans, bridging loans ,

Category : Finance : Loans