A bridging loan is a short-term financing option designed to provide quick access to funds. It is typically used to “bridge” a financial gap between two transactions, such as buying a new property before selling an existing one. They’re usually secured against property or other significant assets and are intended to be repaid within a short period,
often 6 to 12 months.

Bridging loans are ideal for businesses that need immediate capital for urgent projects or transactions. This includes property developers looking to finance new acquisitions, companies purchasing property at auction, businesses needing funds for refurbishment or renovation projects, and firms facing temporary cash flow gaps. They are also suitable for businesses involved in real estate, such as those buying or selling commercial properties.