I need to raise finance: the problem…
The high street isn’t meeting the needs of business. Whether it’s to invest in property, provide an injection of cash or raise finance to exploit a new opportunity, the inflexible policies of traditional lenders often mean that business owners find it impossible to obtain funds.
A bridging finance arrangement from Balmoral could be the answer. This is an interest only, short-term loan secured on the value of your property. We can arrange short term bridging finance loans from £100k to £1m.
Bridging finance from Balmoral: the solution…
Balmoral is a privately funded, principal bridging finance lender. With a highly experienced team, Balmoral underwrites and assesses bridging finance applications in-house, so we have complete control of the decision-making process. This means we are generally able to give you a decision on a bridging finance enquiry within a matter of hours. We have our own excellent external support to deal swiftly with our legal due diligence requirements. Once terms are agreed, we can generally make funds available between five to ten days.
I have been turned down for finance elsewhere
Balmoral has complete discretion to consider bridging finance applications on a case-by-case basis. Previous problems in securing credit (such as a bad credit history or CCJs) need not necessarily prevent you from obtaining bridging finance from Balmoral. As a responsible lender, we look at all relevant circumstances surrounding your application.
The solution offered elsewhere isn’t sufficient for my needs
Loan to Values (LTV) offered by Balmoral will depend on a number of factors including your CV, income and credit circumstances, the purpose of the loan and the condition of the property. Taking this all-inclusive approach to assessment, we can very often offer higher LTV rates than the industry norms.
Contact us email@example.com and one of our team will call to discuss your circumstances and provide you with a decision and quotation within a few hours.