Bridging Finance Archives - Page 2 of 2 - ASC Finance for Business

23/10/2023 Business, Finance, Loans, Property, Property development

The role of bridging finance in property development and investment

Bridging finance is a short-term loan (typically 12 months or less) that provides an immediate cash boost. Bridging finance plays a crucial role in property development and investment by providing short-term capital to bridge funding gaps or facilitate property transactions. This form of financing is favourable when traditional forms of financing, such as bank loans,...

19/06/2023 Loans

Pros and cons of bridging finance

Bridging finance is a short-term loan (typically 12 months or less) that provides an immediate cash boost. A bridging loan could be beneficial if you need a short-term loan or access to finance quickly. However, as with all commercial finance options, bridging finance does have some drawbacks. Here’s a summary of the pros and cons...

25/04/2023 Banks, Business, Finance, Loans, Property, SME

What is the difference between open and closed bridging?

Bridging finance is a short-term loan used to bridge a financial gap between the purchase of a new property and the sale of an existing property. There are two main types of bridging finance; open and closed. Open Bridging Finance has no set date for the loan to be repaid. This type of bridging finance is...

06/09/2022 Finance, Loans

How can ASC support your projects?

When our clients require finance for a short period of time, anything from two months to two years, bridging or short-term finance could be a suitable solution. When approaching banks for finance, lenders have different key considerations for bridging and short-term finance lending, since a short-term loan will be paid off faster, it can mean...

14/09/2021 Business, Loans

What is Bridging Finance and how can it help my business?

Bridging Finance can be a useful tool for some businesses; it involves short-term borrowing usually for a specific project. So, what does bridging finance entail? It’s usually provided over a short period of time, at a higher monthly interest rate than a traditional longer-term loan. Lenders usually require a clear exit strategy – usually the...

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