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We’re an experienced team of bridging loan experts – here to help you achieve your property ambitions.
Acquiring property – whether for business use, development or just somewhere to call home – can be hindered by timing and cash flow. Not having the funds immediately available can, to many, be the reason their dream home or business opportunity passes them by.
Think about properties purchased at auction. An auction purchase can be an amazing buy – the start of a wonderful opportunity to build a home or a business. But funding an auction property purchase within the 30-day completion period can be challenging, especially when waiting on the sale of another property.
It’s not just auction purchases – acquiring property to convert or to develop can impact cash flow, hindering the project. Property developers are acutely aware of projects running over time and over budget.