Reduced Interest rates now starting from 0.74%
One challenge most museums face is funding new acquisitions. Many high-quality pieces come onto the market each year that are suitable for museums, but they often cannot raise funds in time (more…)
The primary criteria to secure a bridging loan is that borrowers need an exit strategy, which is often dependent on obtaining longer term finance. Here we cover some prime examples (more…)
The Association of Short Term Lenders (ASTL) has announced that their members reported that the total value of bridging loans issued had increased by 10.3% compared to the same period in 2017 (more…)
Most lenders scrutinise the borrower’s finances to assess their financial status, which is an indication of their ability to repay a loan. Non-status bridging finance (more…)
The Scottish Government is offering bridging loans for farmers affected by severe weather conditions, (more…)
The latest Bridging Trends data revealed that regulated bridging loans fell to 36.8% of bridging lending in the second quarter of 2018. This is down from the first quarter’s figures of 43.7% of the total loans.
The total volume of bridging finance was £197.94 million in the second quarter of 2018, an increase of (more…)
A survey by United Trust Bank found that 57% of brokers who work in the bridging, asset finance and development areas believe that lenders will keep their credit policies largely the same over the next year.
The managing director of the United Trust Bank, Harley Kegan, said that most brokers think that (more…)
Many lenders have decreased their bridging loan interest rates, making bridging even more attractive. (more…)
There are many uses for bridging loans, but one of the more unusual ones is to finance the takeover of a football company. (more…)
Many farmers are looking for ways to diversify their business. Bridging finance is one way to provide funds to finance new business strategies. (more…)
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