Fast Bridging Loans to Seize Your Next Investment
- Borrow up to £50,000,000
- Get an Offer in Principle (OIP) on the same day you apply
- Easier lending
- No excessive fees
- Get paid in days
- Loans up to 24 months tailored to your needs
Get a FREE Quote
Get Funding When You Need It
If traditional finance is taking too long to clear, there is no need to worry. With the help of our expert brokers, you can be sure you will not miss out on your once-in-a-lifetime investment opportunity. Whether you are looking to buy one property before selling another or you are looking to improve cash flow, we can help bridge the gap when finance is only required for a short period.
At AptPay, we do not believe that your credit history should define your financial future. That is why we do not perform automated credit checks. Even if you have adverse credit, any CCJs or a history of arrears, we can help your business find a suitable solution. Our strong relationships with the UK’s leading lenders allow our finance specialists to secure you the best possible deal. From commercial and development loans, our experts can help you secure a range of short-term finance solutions. Contact our brokers today for a no-obligation chat.
Our Solutions
When you want to raise money quickly, a mortgage or another long-term loan may not be the best solution. But the good news is that we can help you secure the funds you need in no time. We are proud to offer short-term, specialist loans for the following areas:
Property
Our experts can assist with sourcing secured, short-term financing, allowing you to buy property even in the most time-sensitive situations.
Rates start from: 0.65%
Charges: 1st & 2nd
Value: Borrow up to £50 million
Terms: From 1 – 24 months
LTV: Up to 70% LTV
Security: Commercial and residential property
Fees: No hidden fees
Heavy Refurbishments
Even if you have adverse credit, CCJs and arrears, we can assist you in obtaining secured funding for a heavy refurb, allowing you to grow your commercial portfolio.
Rates start from: 0.65%
Charges: 1st & 2nd
Value: Up to £50,000,000
LTV: Up to 65%
Terms: From 1 – 24 months
Security: Commercial and residential property
Fees: No entry fees, exit fees or hidden costs
Light Refurbishments
We can help you generate funding for a light refurbishment project within a matter of days, allowing you to grow your business, regardless of your financial situation.
Rates start from: 0.65%
Charges: 1st & 2nd
Value: Up to £50,000,000
LTV: Up to 70%
Terms: 1 – 24 months
Security: Commercial and residential property
Fees: No hidden fees
Business
We can help you grow your business with our flexible financing solutions.
Rates start from: 0.65%
Charges: 2nd
Value: Up to £50,000,000
LTV: Up to 70%
Terms: 1 – 24 months
Security: Commercial property
Fees: No hidden fees
Do I Need A Bridge Finance?
If you need to borrow money for a short period, this option may be the right choice for you. Before you take out a loan, you will need to consider the following:
- Whether you can pay the interest charged
- Whether you will be able to secure a different form of finance after the period
- The type of loan you need
If you are unsure about your options, our brokers can provide expert advice and help you find the best solution for your business.
Get Approved in Days, Not Weeks
Here’s how we make it easier:
Simplified Application
Rapid Decisions
We provide Offers in Principle the same day.
Less Paperwork
Flexible Criteria
We look at the whole picture, not just your credit score.
Bridging Loans: Smart Finance with Smart Planning
Yes, bridging loans typically have higher interest rates than long-term mortgages. That’s why we work closely with you to develop a clear and achievable exit strategy from day one. Whether it’s through property sale or refinancing, we’ll help you plan your next steps to ensure a smooth and profitable transition.
Our Approach
Your peace of mind is our priority. We offer expert guidance and support throughout the entire loan process, helping you make informed decisions and avoid potential pitfalls. Let us help you navigate the world of bridging finance with confidence.
We are revolutionising the way that lending works. Instead of putting your finances in the hands of an algorithm, you can rest assured that your application will be reviewed by one of our specialists. We are also happy to discuss your loans so you receive the attention you deserve.
Am I Eligible?
When applying for a loan with us, you will need to have one or more properties that it can be secured against. We will also need to see your plans to repay the loan – whether that be selling the property or refinancing. Once your loan has been approved, it will only take a few business days before the money is paid into your account. As a recognised expert in our field, we have supported businesses across the UK with their short-term finances. Get in touch with our team today to arrange a meeting to discuss your options.
Competitive Rates Tailored to Your Needs
Our bridging loan rates start from just 0.65%, but the specific rate you’ll receive depends on several factors.
We consider:
- Loan-to-Value (LTV): Lower LTVs typically qualify for lower rates.
- Loan Purpose: Certain loan purposes (e.g., standard property purchase) may have more competitive rates than others (e.g., heavy refurbishment).
- Borrower Profile: While we don’t perform automated credit checks, your overall financial situation will be considered.
Plan Your Exit, Secure Your Success
We’ll work closely with you to develop a realistic and achievable exit strategy. We’ll help you assess your options, evaluate market conditions, and ensure you’re well-prepared to repay the loan on time. Your success is our priority, and that starts with a solid plan.
What is a Bridging Finance Loan?
As the name suggests, these loans serve to bridge the finance gap. They provide a short-term financial solution, allowing you to borrow money against the equity you have in a property until a more long-term solution is found – whether that be a mortgage or the sale of a property. Once a more permanent solution has been secured, the loan will need to be repaid in full.
We can help you find an affordable and flexible solution, helping to bridge the gap in your income streams. This way, you can grow your business without worrying about your finances.
What Can I Use Bridge Financing For?
- To secure the funds you need to buy property at auction within days
- To complete urgent, time-sensitive transactions
- To expand your buy-to-let portfolio
- To refurbish a property and enjoy higher rental revenues
- To renovate a property quickly and efficiently
- To unlock even more equity from your property with a second charge loan
- To invest commercially without waiting for longer-term finance
- To purchase an exceptional property before a competitor snaps it up
- To avoid repossession and maintain control over your property
- To address any short-term cash flow problems
- To pay unexpected tax liabilities and avoid the repercussions of being late
With years of experience under our belt, we understand that no two businesses are the same and, therefore, every business requires a completely tailored solution. We excel at helping businesses successfully source money. Discover how our finance experts can help you today.
Unlock Your Potential with Our Bridging Finance Experts
Tired of slow approvals and inflexible lenders? We understand that speed and agility are crucial in today’s market. That’s why we’ve streamlined our process to deliver same-day Offers in Principle and funding in as little as 48 hours.
We’re not just lenders; we’re partners. Unlike automated systems, our expert brokers personally review every application, considering your unique circumstances and finding tailored solutions.
Our commitment is to your success. We go the extra mile to secure the best possible deal for you, leveraging our strong relationships with the UK’s leading lenders.
Discover the AptPayment difference – where speed, flexibility, and personalised service combine to fuel your growth.
FAQ
What is a bridging loan exactly?
The business and property worlds move at a near breakneck pace. Our specialist loans provide the short-term finance you need to fund these time-sensitive deals with confidence. Generally, they are secured against one or more of your properties.
How much can I borrow?
In certain circumstances, you can borrow up to 70% of the value of the asset you are securing your loan against.
What does LTV mean?
LTV stands for loan-to-value ratio. This refers to the percentage of a property’s value that the lender will allow you to borrow. For example, if a lender offers up to 70% LTV on a £300,000 property, the maximum that you could borrow would be £210,000.
Which LTVs are available?
Generally, our LTVs are as follows:
- Business – up to 70%
- Light refurbishments – up to 70%
- Hard refurbishments – up to 70%
- Property – up to 70%
If you would like to discuss any specific requirements, please do not hesitate to call us on 0121 720 4020 or drop an email to info@aptpayment.co.uk.
When do I repay my loan?
Repaying your loan is known as a bridging exit. You will need to tell us what your exit strategy is before your loan application can be approved. In most cases, you will repay your loan when:
- You secure longer-term finance
- You sell your property
- You can pay off the loan with rental income earned from your buy-to-let property
- Your business makes sales large enough to pay off the loan
Do you cover all of the UK?
Yes. Wherever you are doing business in the UK, we have got you covered.
Why are your bridge loans unregulated?
Bridging finance is only regulated when it is offered to consumers. In such cases, an individual secures a loan against a property in which they or any of their family members live. Loans taken out exclusively for business purposes do not have an impact on consumer rights. This means that they are not regulated, allowing our brokers to offer specialist loans exclusively for unregulated businesses.
You can watch more here.
What distinguishes first- from second-charge loans?
A first charge loan is secured against a property that does not have any other loans secured against it. A second charge loan, on the other hand, is secured against a property that already has a mortgage secured against it. In other words, your second charge loan would sit behind your mortgage (the ‘first charge’). It is worth noting that you will need permission from your mortgage lender before securing a second-charge loan against your property.
What happens if I cannot repay my loan or refinance on different terms?
In such cases, your property may be at risk of repossession. This is why planning a solid exit strategy is a crucial part of taking out bridge loans. Our reputable brokers will not arrange a loan where there is not a viable exit strategy in place, reducing your risk considerably.
Why use a broker?
When you need finance in a hurry, interest rates can get very expensive. Brokers have immense experience in sourcing finance quickly. They can find you the deal you need at a reasonable price. Without a broker’s support, you might end up paying over the odds for your loan and waiting for ages before the funds arrive in your account. Our brokers can connect you with the right lender.
Am I eligible for short-term finance?
If you are a UK resident with a low income-to-debt ratio, then this could be perfect for you. If you have a solid exit strategy, ambitious growth plans and valuable property as security, you can secure funding regardless of your financial history.
Do you accept land as security?
Yes, the funding for your next development project can be used to secure a loan.
Is the interest rate on my loan the only fee involved?
Not necessarily. Depending on the size and condition of your property, other fees may apply. If your loan is a second charge (secured against a mortgaged property), your fees will likely be higher. Generally, your lender will charge:
- An arrangement fee for providing you with the loan
- Exit fees for early repayment
- An interest rate
Our brokers will charge a fee for introducing you to the lender, which can be paid up-front or on exit. Also, their surveyor will charge you valuation fees for valuing any property you are offering as security for the loan. Please keep in mind that your solicitor will charge you legal fees for their services.
What bridging finance terms do you offer?
Most of the loans we secure will be for a period of 1 – 24 months. To learn more about our finance term lengths, contact our brokers today.
Who do you lend to?
Our loans are available to businesses that have property assets within the UK.
Will adverse credit affect my loan?
No, we are able to lend to borrowers with adverse credit. All of our lending decisions are made on a case-by-case basis, so you can be confident that we will help you secure the best possible funding option.
What are broker fees?
Our broker fees cover the following work:
- Advice and guidance
- Presenting your case to our lenders
- Assisting with and reviewing loan applications
What are arrangement fees?
These are paid to the lender for setting up the loan.
What are valuation fees?
This is the fee paid to get your property valued as part of your application.
What is a redemption fee?
When you repay your loan earlier than the final repayment date set out, you may be charged a redemption fee. This allows lenders to get back some of the money they may lose out in interest repayments when you pay your loan off early.
What are solicitor fees?
Lenders will seek the services of a solicitor to draw up legally binding contracts. These fees will be charged to the borrower.
Are there any hidden fees?
No, any fees you will incur will be set out in the terms of your loan proposal. When you choose us, you will always know what you are being charged for and the reason for this.
What types of property can your loans be secured on?
Our loans can be secured on any type of commercial property or land.
Are your loans secured loans?
Yes, your loan will be secured upon commercial property or land.
Are your loans based on income?
No, our loans are not based on income. Instead, they are based on the value of the property they are being secured against.
What sort of interest rates can I expect?
Interest rates will vary from lender to lender and will also vary depending on your circumstances. Call us today to find out what you should expect to pay.
What are closed loans?
These are loans where the borrower has a clear exit plan, which sets out how they will repay the loan at the end of its term.
What is open bridging?
This is where there is no specific exit plan. In some cases, there may be no set date for the exit strategy.
Am I able to use my loan to purchase an uninhabitable or unmortgageable property?
Yes, such financing provides the flexibility to buy both uninhabitable and unmortgageable properties.
What does a typical unregulated loan look like?
Generally, an unregulated loan will have the following characteristics:
- Loans up to £50 million
- Quick access to funding
- Terms up to 24 months
- LTV up to 70%
- No proof of income required
- Eligibility with adverse credit history
- 1st, 2nd and 3rd charges available
Location
© 2023. AptPay is a trading name of APT BUSINESS CONSULTANTS LTD, registration number: 12781495 acting as an intermediary of the card payment provider and financial company. AptPay is not liable for any email correspondence, and email correspondence will not be binding legally, please seek independent advice. The registered address is 13 Hanover Square, Mayfair, London, W1S 1HN
Important Notice: We exclusively provide unregulated finance solutions to limited companies incorporated in the UK. We do not offer regulated financing. For more information, please contact our customer support team.