Ultimate Guide to Bridging loan

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Ultimate Guide to Bridging Loan
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Bridging Loan- Definition

• A bridging loan is a way of organizing the short
  term funds. They are basically used to bridge a
  gap between two transactions.

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Factors to consider When taking a bridging loan

• 1. Understanding the terminologies of bridging
  loan Before taking the bridging loan for the
  first time, it is important to understand the
  terminologies and the associated costs.
• 2. Evaluate the options to repay the loan
  Bridging loans can be settled in 3 ways
• a. Sale of the property
• b. Refinance using a long term loan
• c. loan from relatives
• 3. Selecting the right Solicitor Selecting the
  right Solicitor is crucial to ensure that the
  loan completes on time and the legal issues are
  taken care of.

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When Should you use Bridging Loan?

• Bridging Loans can be used for a variety of
  reasons including a property investment, buy to
  let and many more.
• In Some cases bridging loans are also used
  instead of traditional loans such as home loans,
  lenders take time to process a large sum of
  loans. So in such cases bridging loans can be
  used.

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Where can you get a bridging loan ?

• Bridging loans are available in all shapes and
  sizes, ranging from one man brands to well
  established organizations.

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Why Finanta

• Finanta is a leading bridging loans company in
  UK.
• Our specialist will provide you a simple, fast
  and short term funding solutions for your cash
  flow requirements.
• Instant decision in principle within 24 hours and
  release the funds within 5-7 working days.
• Whether employed, Self employed have a bad credit
  history associated with discharged bankrupts,
  IVAs arrears, defaults or CCJs Finanta offers
  you a bridging loan.

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• Cases completed 354
• Amount Financed- 31 M
• Satisfied Clients- 100

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Contact Us

• 86-90 Paul Street, London, EC2A 4NE
• 02037807610
• info_at_finanta.co.uk
• Monday Friday 9.00am 5.30pmSaturday
  Sunday Closed
• For more information Visit Website

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Some Useful Links

• How can I get a Bridging Loan
• Bridging Loans Company in UK
• Bridging Loans Company in London