COMMERCIAL BRIDGING LOANS & FINANCE
Looking for a trustworthy provider for a commercial bridge loan? MS Lending Group can help.
What Are Commercial Bridging Loans?
Commercial bridging loans are exactly how they sound, if you want bridging finance for commercial property then these loans are short-term financing options designed to provide immediate funding for businesses and commercial property transactions.
These loans bridge the gap to cover financial gaps until longer-term financing or other sources of funding become available - simple.
Getting a bridging loan for commercial property is a great way of ensuring that you don’t miss out on opportunities to get new property, especially in reactive scenarios like an auction for example.
Generalised commercial loans for property may have lengthy application processes and this is something that some investors simply don’t have time for.
That is where we come in, as we can provide quick bridging loans for business properties so you can keep growing without any restrictions.
Why Choose Us for Commercial Bridge Loans?
At MS Lending Group, we are proud to bring reliable, flexible and importantly fast bridging finance for commercial property valued on a case-by-case basis.
We carefully evaluate every deal, ensuring that we provide an agreement offer sometimes even within hours. We are agile in our services, meaning that we work closely with our clientele to ensure that their financial needs are met in a secure and safe manner.
We understand that there is no time to waste when it comes to investment, which is why funds can be made available within just 24 hours in some cases, allowing you to pose as a cash buyer in the ever growing competitive commercial market.
So, why wait? Secure a bridging loan for your commercial property with our help.
How a Commercial Bridging Loan Works
A commercial bridging loan essentially provides a short-term funding solution that is typically secured against commercial or semi-commercial property.
The process begins with an application, where we will assess the value of the commercial asset, the loan amount needed, and the exit strategy. This exit strategy is often a refinancing plan to a commercial mortgage or the sale of the commercial asset/ property itself.
Unlike some commercial mortgage bridge lenders, at MS Lending Group, we provide decisions quickly.
As one of the more flexible commercial bridge lenders in the UK, we evaluate each deal on a case by case basis meaning we can structure terms that work for you.
First and Second Charge Bridging Loans: What Are They?
When you take out a bridging loan, the lender will either hold a first charge or a second charge on the property that you’re using as security.
These terms simply refer to who gets paid first if the property is ever sold to repay debts.
A first charge bridging loan means the bridging lender is the main lender on the property.
This usually happens when there’s no existing mortgage.
If the property needs to be sold, the bridging lender gets their money back before anyone else.
A second charge bridging loan is used when there’s already a mortgage on the property.
In this case, your main mortgage lender gets paid first, and the bridging loan lender gets paid second.
Because there’s more risk for the second lender, these loans are sometimes a bit more expensive or require stronger exit plans.
At MS Lending Group, we offer both first and second charge commercial bridging loans.
We’ll help you decide which option fits best depending on your existing finance, how much you need to borrow, and how you plan to repay the loan.
MAKE AN APPLICATION
Example Scenario of a Commercial Bridging Loan Application
The best way to understand if a commercial bridging loan is for you is to assess an example.
Consider you find yourself a suitable commercial unit that is up for auction, this place has potential and would be a good fit for your investment portfolio.
However, the issue is that you don’t have the funds right away to purchase the property as securing a mortgage quickly would be too difficult. That is why you turn to a commercial real estate bridge loan from MS Lending Group.
You can then pose as a cash buyer and complete within the 28-day auction deadline.
You’re then able to conduct your refurbishment, gain planning approval for residential use, and refinance onto a long-term commercial mortgage.
Without a commercial bridging loan, the opportunity would have been lost all together.
If you’re ready to jump at the opportunity, get in touch with us at MS Lending Group today.
How Much You Can Borrow with MS Lending Commercial Bridging Loans
MS Lending Group provides commercial bridging finance with no minimum to multi-million-pound facilities, depending on the value of the asset and the strength of your exit strategy.
We specialise in creating flexible, bespoke commercial bridging finance deals, often up to 75% loan-to-value (LTV).
Our team understands that no two commercial bridging loans are the same, that’s why we review each application individually, ensuring you receive funding fast from one of the UK’s trusted commercial bridging finance lenders.
What Can You Use Commercial Bridge Loans For?
Bridging loans for commercial property can be used for a range of situations in which there is a necessity for quick access to capital. Some of the situations in which these loans can be used for can include, but aren’t limited to:
-
Property acquisition
-
Property development
-
Meeting short-term cash flow requirements
-
Time-sensitive investments
-
Property repositioning
-
Buy-outs / buy-ins
-
Business expansion
For more details on how you can acquire bridging loans for commercial property and what you can utilise it for, get in touch with us today.
Get in Touch with Commercial Bridge Lenders You Can Trust
Whether you’re looking for a first charge commercial bridging loan, a second charge facility, or simply need bridging loans for commercial property fast, we at MS Lending Group can help.
We pride ourselves on being one of the most responsive and supportive commercial bridge lenders in the UK. With same-day decisions and rapid access to funding, we’re a preferred choice for commercial mortgage bridging finance.
Start your application today and find out how commercial bridging finance could support your next property deal.
-
How Much Does Residential Bridging Finance Cost?Bridging finance rates depend on the loan to value, customers credit and the property type. To get started, contact our team and we'll get back to you within 24 hours with an agreement in principle.
-
How Long Does a Residential Bridging Loan Take?We can complete in as little as 48 hours from enquiry to completion. Bridging loans are usually arranged within 24 hours and come with flexible repayment options so that repayments fit around your lifestyle and budget. The interest rate varies depending on many factors including how much money has been borrowed and how long the loan lasts for.
-
Is an Exit Strategy Required on Application?An exit strategy is always required before committing to a bridging loan. It is important the lender knows how you plan to repay the finance whether this is through a sale or a longer term refinancing option.
NO MINIMUM LOAN SIZE
MAX LOAN £3 MILLION
12 MONTHS AS STANDARD
18 MONTHS ON REQUEST
2ND CHARGES AVAILABLE
NO VALUATION
ON LOANS UP TO £500,000 ON RESIDENTIAL COMMERCIAL AND SEMI-COMMERCIAL PURCHASES.
DESKTOP VALUATION
ON LOANS UP TO £2 MILLION.
SUBJECT TO INTERNAL REVIEW
RESPONSIVE, RELIABLE & FLEXIBLE
NO Minimum Bridge Term • 2% Arrangement Fee • Exit Fee - 1 Month Interest