What are commercial bridging loans? And how do they differ from residential bridging loans? Excellent questions both of which we will aim to answer in this short article. A simple definition of commercial bridging loans might be: a form of finance use to secure funding for the acquisition or remortgage of property across the short term, making up a financial shortfall. In effect, bridging loans are used to supply a quantity of funding when a new property purchase is imminent and proceeds from the sale of an existing property which was going to be used for the new purchase have yet to be received.
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