Key Points
Product Summary
| Loan Type | Business Loan |
| Interest | 0% per month |
| Loan To Costs | Up to 100% |
| Facility Fee | £3,000 |
| Term | 1 – 2 months |
| Loan Amount | £1,000 – £3,500 |
| Simplified Process | Yes |
| Available to Individuals | Yes |
| Available to Limited Companies | Yes |
| Adverse Credit Accepted | Yes |
| Non-Status Accepted | Yes |
| Transaction Type | Re-Finance ONLY |
| Privately Funded | Yes |
| Quick Completions | Yes |
Simple Process
How It Works
1
Website Enquiry
2
Agreement In Principle
3
Sign & Accept Offer
4
Book & Allocate Funds
5
Documentation
6
Sign Documents
7
Completion
Undertaking Finance Uses
When to Use
1
Bridging Lender Legal Fees
Use this facility to cover the legal fees required by your bridging lender on a re-finance transaction, removing a common barrier to completion.
2
Re-Finance Transactions
Specifically designed for clients who are re-financing an existing bridging loan and need to cover the lender's legal undertaking costs.