Most bridging loans can be arranged for periods of just one day to 12 months. Interest is charged on a monthly basis and this can be paid by the customer each month, or there are facilities with many bridging loans to roll up the interest so that it is all paid when the loan is [...]

Rates of interest for a bridging finance facility are usually charged monthly, and these rates can be quite high. Therefore bridging finance is not intended as a long-term source of finance as this would prove to be very expensive. However, over the short term when set up costs and early redemption costs and penalties are [...]

The reason why bridging loans are useful and popular, is because they fill a gap in the market. They can be can be arranged quickly, they can be secured against property that is in bad condition, one bridging loan can be secured against one or more properties, the lending criteria can be more flexible than [...]

Bridging loans are short term finance facilities that are used to bridge gaps until alternative funds are available. This could either be through the sale of property or assets, money from savings or investments, or being raised through other long term forms of finance.