Bridging Finance
There are times when short-term property finance needs to be arranged quickly and Bridging Finance is ideal for this. Residential, semi-commercial or commercial property can all be used as security, with loans based on market value and not purchase price.
In most cases funds can be accessed in days rather than weeks and are available to meet a variety of different needs. Bridging finance is fully secured on property or assets and provided on a status or non-status basis.
- Property Purchase Bridging
- Auction Purchase Funding
- Up to 100% of purchase price on development land or build cost
- Buy to let Purchase
- Residential Purchase
- Property Improvement
- Credit Repair
- Short term Capital Raising
Typically, clients may require funds to purchase one property before completion on the sale of another or perhaps to buy a property before finishing repairs and enhancing the value to facilitate a higher long term mortgage on completion of the works.
Bridging finance many also be used in certain circumstances to avoid bankruptcy, repossessions and clean up mortgage arrears. Loans can be based on the current open market valuation of the property, regardless of the actual purchase price therefore property investors looking to finance 100% of the purchase price when buying at under market value is therefore possible with bridging finance.
For residential situations where the client is in arrears and unable to re-mortgage, we may be able to introduce a 12 month facility to clean up the credit background before re-mortgaging on more conventional terms without the additional loading which will result from the default on present mortgages.
The Application Process
Applying for a short term money loan as a bridging finance is fast and simple and is based solely on the property or asset value. You will receive one to one personal attention from your initial application through to bridging completion. We handle the entire process on your behalf in strictest confidence whilst keeping you fully updated throughout the process.
For more information and a free consultation please call: 0845 346 2623 or alternatively fill out the online application form.
Asset Finance & Invoice Finance
Asset Finance, such as leasing and HP, would normally be used to fund fixed assets. Loans for set amount, determined by the value of the funded asset, are amortised over a fixed period through a series of regular instalments.
We specialise in providing businesses with individually tailored finance packages. Oakhurst offers a full range of equipment leasing and financial solutions which can offer many advantages over outright cash purchase for all businesses.
Invoice Financing is a financial transaction whereby a business sells its accounts receivable (i.e., invoices) to a third party (called a factor or discounter) at a discount in exchange for immediate money with which to finance continued business. Factoring & Discounting differs from a bank loan in that the emphasis is on the value of the receivables (essentially a financial asset) not your credit worthiness.
We can arrange for your unpaid sales invoices to be turned into an immediate source of working capital that automatically expands with sales growth.
We do not charge any fees for either of these services.
For more information and a free consultation please call: 0845 346 2623 or alternatively fill out the online application form.
