Short term secured business loans

What is a commercial bridging loan?

A commercial bridging loan in the UK is a type of short-term finance specifically designed for businesses or investors to 'bridge the gap' between financial need and the availability of long-term finance.

To better understand the essence of a commercial bridging loan, let's consider its main characteristics and features.

1. Short-term financing. Payday loans are usually short-term, from a few weeks to 12-24 months.
2. High interest rates: compared to other loans, bridging loans are characterized by high interest rates due to their short-term nature and bridging loans
3. Secured loan: in most cases, such loans are secured by property or other assets.
4. Fast approval process: compared to traditional loans, bridging loans are characterized by fast approval
5. Flexible repayment terms. On an individual basis, the creditor may offer interest payment at the end of the loan, instead of monthly or other loyal terms.

Thus, short-term secured bridging loans have both disadvantages and advantages. Therefore, depending on the needs of the business, this type of financing can be considered. You can compare the conditions of pass-through business loans using our catalog.

Business loan calculations for 3 years (example)

You can also see the similar FAQ at the link: 

• Does HSBC propose a loan holiday?
• Financial calculators from Bank of Ireland
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• How do I set up my HSBC credit card Direct Debit
• What financial services of Bank of Ireland can get a client in Post Office?

Details of companies offering the financial services:

Choice Business Loans

Head office’s address: C1C, Comet Studios, De Havilland Court, Penn St, Penn Street, Amersham HP7 0PX

Contact center: 01494-410-125

Web-site: https://www.choicebusinessloans.co.uk/

HSBC Bank

Head office’s address: Unit 8, Canada Square, Retail, London E14 5AH

Phone: +44 345 740 4404

Web-site: https://www.hsbc.co.uk/

Swift code: HBUKGB4B

Reference number: 114216

Stock code: HSBA

ABN: 00014259

BSB: HBUK

LendInvest

Head office’s address: Two Fitzroy Place, 8 Mortimer Street, London

Contact center: +44 20-7118-1900

Web-site: https://www.lendinvest.com/

Lloyds Bank

Head office’s address: 25 Gresham Street, London EC2V 7HN

Contact center: 0345-300-0000

Web-site: https://www.lloydsbank.com/

Swift code: LBGTGB22

Reference number: 119278

Stock code: LLOY

ABN: 00002065

BSB: LBGT

MT Finance

Head office’s address: Level 20, Broadgate Tower, 20 Primrose St, London EC2A 2EW

Contact center: (020) 3 051-2331

Phone: +44 20-3051-2331

Web-site: https://www.mt-finance.com/

NatWest Bank

Head office’s address: 250 Bishopsgate, London, EC2M 4AA

Contact center: 0800-88-11-77

Phone: +44 345 788 8444

Web-site: https://www.natwest.com/

Swift code: NWBKGB2

Reference number: 121878

Stock code: GBP1

ABN: 00929027

BSB: NWBK

Octopus Real Estate

Head office’s address: 33 Holborn, London EC1N 2HT

Contact center: +44 (0) 203 935-3506

Web-site: https://octopus-realestate.com/

Royal Bank of Scotland

Head office’s address: 36 St Andrew Square, Edinburgh, EH2 2YB

Contact center: 0345-600-2230

Phone: +44 (070) 3597-88-42

Web-site: https://www.rbs.co.uk/

Swift code: ROYCGB2LCLS

Stock code: NWG

ABN: BR000548

BSB: ROYC

Startup Loans

Head office’s address: London

Web-site: https://www.startuploans.co.uk/

Tuscan Capital

Head office’s address: 3rd Floor, 12 - 18 Grosvenor б Gardens

Contact center: 020 7846-9030

Web-site: https://www.tuscancapital.co.uk/

United Trust Bank

Head office’s address: 1 Ropemaker St, London EC2Y 9AW

Phone: +44 (020) 7190 55 55

Web-site: https://www.utbank.co.uk/

Swift code: UTDBGB2L

Reference number: 204463

ABN: 00549690

BSB: UTDB