A recent report called Bridging Trends looked at the average loan period for bridging finance and the average time taken to complete a loan application.

The typical bridging loan is for a year. Many lenders used to advertise loans “up to 12 months”, but the Bridging Trends report shows that many people want (more…)

In the second quarter of 2017, the main reason for borrowers requiring bridging finance was for refurbishments. In the second half of 2017, the primary reason for (more…)

Many bridging lenders have Business Development Managers (BDMs) whose role is to develop relationships with bridging loan brokers. They keep brokers informed about the lender’s products and (more…)

Time sensitive deals need funds provided by a lender who can be relied on for a speedy service.

Bridging loans are (more…)

According to the Bridging Trends report, in 2017, the average time from first applying for a bridging loan application to having funds available was 43 days. This was slightly down from the average of 45 days in (more…)

Blackburn-based Easson Media has launched an app for bridging company in Dubai, reported BusinessLancashire.co.uk in Janaury 2018.

To apply for a (more…)

Over the last year, many new lenders have entered the bridging finance market. A recent poll by the website Bridging & Commercial found that 74% of respondents thought that (more…)

Bridging loans are flexible loans that have many uses. One recent example (reported by DevelopmentFinanceTodayc.o.uk this month) was a lender who wanted to (more…)

Many British bridging finance lenders want to expand their business. The EY 2018 UK Bridging Market Study has revealed that one area that bridging lenders are (more…)

A new report by Ernst & Young titled ‘A view for 2018 and beyond’, surveyed 11 bridging finance services and found that many of them are considering selling their business in the next two to five years.

The reasons for this is (more…)