Bridging Loan Finance
Fast short term bridging finance within a business and factoring your invoices ensures your business receives consistent payment for the invoices you raise, without all the hassle of chasing the customer.
- Improved Cash flow
- Release up to 95% of the invoice day 1
- Bad debt Protection
- Outsource your collections
- Free up cash in your business
- Revolving credit facility
- Available to New Starts
| Q. | How much can I borrow? | Q. | What are the Charges? |
| A. | Typically from £25,000 - £10 Million | A. | Typically between 1% - 2% |
| Q. | How soon can I have the money? | Q. | What security is required? |
| A. | It can be done in 48 hours although 7 days is an average | A. | The loan will be secured on the, residential, commercial property or Land, being financed |
| Q. | What percentage of the value of the property do you lend? | Q. | How can Enable Finance act so quickly? |
| A. | In the region of 70% - 80% | A. | Enable Finance Ltd are Bridging Finance Loan specialists |
| A. | Are there legal costs? |
Q. |
What are the monthly repayment costs? |
| Q. | Yes and the quicker solicitors are instructed the quicker completion happens. | A. | Monthly interest is charged, typically 1-2% per month of the loan amount. These payments can be rolled up into the advance. |
What should you use Bridging Finance for?
If you’re having a temporary cash flow problem because you are attempting to buy property, or a business, or need to quickly consolidate debts, you need a bridging loan. Maybe you are ready to buy a new home but the sale of your current home may not have cleared? Bridging Finance Loans and short term finance could be the fastest answer to plug a gap
A bridging Finance loan is a short term mortgage which is secured by your property. The bridging loan may have a higher interest rate than your conventional mortgage, but you can gain the loan quickly to bridge the time between your purchase and your sale. They tend to be riskier for the lender who is betting on your situation and will often not worry about any past or current bad credit. These loans are best for the person that is fairly certain of their situation and ability to repay in a few months either through an up and coming remortgage or sale and or indeed increase business volume or expected income
"M.B.O using factoring"
"An Entrepreneur used factoring and import finance to exploit a new market beating the competition"
"Business rescued, by using factoring injecting cash directly into our business within 4 days"
Other types of invoice and cash flow finance
Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Duis porttitor varius purus. Sed venenatis. Sed enim. Donec felis turpis, vulputate eget, molestie vitae, dictum sit amet, lectus. Duis libero. Aenean consectetuer consequat felis. Sed tristique, metus quis congue mollis, lorem augue laoreet nisl, eu rutrum est felis ut ante.