Bridging Loans

Millbank Finance work with all the major lenders to secure suitable bridging finance for each client. Bridging loans is a  form of short term finance to obtain funds quite quickly which can be used for property purchasing at auctions for example. Bridging loans can be used for any of the following:

Whatever type of development project you are working on we can ensure you obtain the best financial support to allow you to grow including:

  • Auction purchases

  • Property development or conversion

  • Property purchase or re-finance

  • Cash flow injection

  • Paying off urgent debt

How could bridging finance help you?

At Millbank Finance Ltd we work very closely with our clients to understand what the bridging loan requirement is, the term of the loan, how the loan will be repaid etc. and ensure a customised loan is arranged to meet the specific requirements.

  • The following options are available:

  • First and second charge loans

  • Funds available quickly

  • Short and long term facilities available

  • Flexible rates with interest roll up

  • Fees can be added to the loan

  • 100% funding available with additional security provided

Most of the bridging loan providers also lend against market value instead of the purchase price so can be very useful for property developers and investors.

Our expertise in bridging finance

Speed is very critical with bridging loans and on average we can achieve first enquiry to completion within 5-10 days.

Millbank Finance Ltd specialise in arranging bridging loans for our clients and work with number of specialist bridging lenders covering various circumstances. Because we can approach different lenders in order to obtain best deals for our clients , we ensure we operate in a manner where the lenders compete to offer optimal solutions for our clients