Large Bridging Loans

A Trusted Capital Source for over Xnumber of Businesses

Fast Forward Finance has evolved to become one of the top sources of short-term capital for more than XXX number of companies.in the UK. You too can leverage our experience and network to access the tools you need to develop your business. For more details, please get in touch today.

A Proven Track Record in Providing Bridging Loans

Fast Forward Finance is an expert bridging loans broker with an established track record of sourcing and organising large bridging loans for qualified borrowers in the UK.

Our bridging loans brokerage service is aimed at helping to solve the problems of lengthy paperwork and tough application typically associated with traditional loans, so that qualified applicants can get the funds they need to handle their business when they need it.

Our Bridging Finance Specialist Team

Our large bridging loans team are experienced in structuring finance strategies to suit your needs. So, it doesn’t matter the current financial situation of your business, if you require a large cash infusion to proceed with pressing projects or avoid business interruption, we may be able to help you get the funds you need, and quickly too.

At Fast Forward Finance, we have access to a wide range of partner lenders, and we aim to be able to clinch suitable loan deals for our numerous clients. We also provide expert advice and recommendations for borrowers who may simply need information that will help them identify suitable large bridging loan deals.

At Fast Forward Finance, we make use of our years of industry expertise and experience when it comes to securing large bridging loans for eligible applicants in the UK, as long as they have a clear and viable exit strategy and suitable security.

What is a Large Bridging Loan Secured Against?

A large bridging loan is typically secured against fixed property assets such as land and buildings. However, there are lenders that may accept other forms of security such as company share, stocks, inventory and even accounts receivable.

Please note, however, the chances of getting a large bridging loan increase significantly if the applicant can show a credible exit plan. If you want to find out whether your property can be used to get a bridging loan, get in touch with our experts on PHONEXXX for more information.

Can you get an Unsecured Large Bridging Loan?

Yes, you can. While it is true that unsecured large bridging loans are difficult to access, they are not impossible to get.

Unsecured large bridging loans are typically offered to applicants who have a high-level credit score rating, as the unsecured system of loan is risky to the lender and can only be considered if there is proof that the borrower is creditworthy. If an unsecured large bridging loan is what stands between you and the success of your business or project, we may be able to get one for you. Why not get in touch to discuss your loan needs further?

Borrow up to £XXX with Fast Flexible Large Bridging Loans

Fast Forward Finance are specialists when it comes to arranging large bridging loans in excess of £XXX, when such an amount is needed for viable projects in the short-term.

We strive to secure only competitive interest rates for our clients and try to connect with lenders who will make a swift decision on whether the applicant can get a loan or not. This makes it easy for businesses as they can know the status of their application quickly and whether they should explore other funding alternatives. If you need a large bridging loan of amounts in excess of £XXX, don’t hesitate to get in touch as we may be able to put something together for you.

Large Bridging Loans for your Short-term Finance Needs

A large bridging loan could be the ideal solution when you need huge sums of money to handle business or project funding fast and for the short-term while making arrangements for more permanent financing. In fact, for many people, this could be the lifeline they need for the success of their business or building development project.

At Fast Forward Finance, we have what it takes to organise tailor-made large bridging loans for you and your business. As long as you have a clear and viable exit strategy, and enough equity in the property to be used as security, you may qualify for a large bridging loan of any amount up to £XXX. You can use a large bridging loan to conclude an auction purchase, for property renovation, development, purchase or refinancing, or even as a cash infusion into your business. We can provide the expertise to help you handle your bridging loan needs from start to finish or to point you in the right direction if you simply want to explore large bridging loan options. Get in touch today to get started.

Why use Bridging Finance?

A bridging loan’s primary aim is to fill the financing gap between when there is a need for capital and when funding is expected. For example, if you put your current house on the market, you can take out a large bridging loan to purchase a new one while waiting for it to sell the other. Ideally, you’re going to want to sell your property first before you buy a new property but sometimes you have to act fast, especially when a property you want comes on the market and you cannot wait until your home is sold to buy it.

If you set a workable timeframe for selling your property with a suitable price based on an appropriate assessment, a large bridging loan can provide the funds you need to buy the property you want instead of rushing to sell your house at a poor price. Apart from purchasing an existing property, if you want to live in your current property while building a new house, bridging loans are a great option. This saves you the hassle and inconvenience of having to sell your home and stay in a motel or live elsewhere for a short period, not to mention having to pay again for the inconvenience of moving twice

Who are Large Bridging Loans for?

Large bridging loans are for:

• UK based individuals
• Property developers
• Landowners, and so on

When Should you use a Large Bridging Loan?

A broad bridging loan might be the best financial choice if you face either of the following scenarios:

• You intend to buy a property at auction so you need the funds to negotiate your transaction with the auctioneer.
• You have not yet sold your property and you want to buy another property before you do so.
• You failed to obtain funding via regular sources or the application process is taking too long.

In all these cases, time is of the essence, and because bridging loans can be found faster than other funding sources, it makes sense to use it.

This way, a business can get the funds they need to carry out an expansion project, buy inventory, equipment or machinery, take on more workers, or even launch a new product line.

How to get the Right Large Bridging Loan for your Business

It can be difficult to compare bridging lending products to get the best price. The bridging finance market is huge, and each deal is unique and assessed and dealt out on a case-by-case basis. Comparison tables are not very reliable because they often have an approximate comparison of the available prices, and often grant endorsed products prominent placement.

Therefore, the best way to compare and get the best large bridging loan deals is to have a professional broker do the legwork on your behalf. Our experts at Fast Forward Finance can search the entire market for the most suitable lenders that can offer favourable deals based on your needs and circumstances. Send an enquiry to speak to someone to talk about getting the best deal open to you.

Large Bridging Loan Calculator

Knowing the precise amount, you can afford to borrow can be tricky. There are different aspects to factor in when applying for a broad bridging loan. To help you make an informed decision, take a look at our bridging loan calculator if you’re uncertain how much funding you’d be entitled to given your specific circumstances.

Our large bridging loan calculator will provide you with a broad idea of what your potential costs are for specific amounts so that you can decide if a large bridging loan is right for you. Please do not hesitate to email us for more details and speak to one of our experts who will be delighted to assist you.

What Kind of Fees are Involved in Taking out a Large Bridging Loan?

Interest is not the only thing you’ll have to pay if you’re taking this kind of loan. These loans tend to come with administrative fees, including contract fees and in some cases, exit costs.

Before going ahead, you should always determine how much these additional costs will amount to and determine the overall cost, because everything adds up. For example, if you borrow £200,000, an arrangement fee of 1% and an exit cost of 1% would add £4,000 to the total amount. Contact us and we will get in touch with you to discuss this in more detail.

What are the Term Lengths for a Large Bridging Loan?

Large bridging lenders are typically willing, under the right circumstances, to offer you a bridging loan with a duration of anywhere between three months and two years. The longest bridging loan term you’ll find is 36 months, which a small number of lenders will offer.

What are the Eligibility Criteria for a Large Bridging Loan?

The key to landing the best bridging loan deals and getting the best bridging loan rates is meeting the requirements of as many lenders as possible.

Bridging loan providers access each application on a case-by-case basis, but tend to offer their best rates to borrowers who meet the following criteria:

• A strong exit strategy
• A good credit score
• Viable plans for the bridging finance
• A good security in property or other assets
• Experience in property development or the business for which you are taking out a bridging loan

Advantages and Disadvantages of a Large Bridging Loan

Large bridging loans are ideal when it comes to raising large sums of money quickly and without any hassle. They are faster and easier to get than other bank loans, especially as a result of the current economy’s reluctance to lend out money.

The Advantages

• Large amounts
• Quicker processing times
• Short repayment terms

The Disadvantages

• High interest rates
• Risky without an exit plan
• High fees

Bridging loans tend to have high interest rates, because they are short-term loans. Depending on the amount you borrow, interest rates may range from around 0.75% to 1.5% or possibly more, depending on the lender you are using.

This may significantly increase how much you pay back on a monthly basis. If you use a bridging loan to get quick access to money, you need to make sure you know exactly how to pay them back. Otherwise, you may end up paying a lot more than you originally planned.

What can you use a Large Bridging Loan for?

Large bridging loans can be arranged on very short notice and with flexible terms of borrowing. In most cases, applications can be approved in principle without the need for extensive verification and credit checks and, as long as you can provide the necessary security, you have an excellent chance of accessing the funds that you require.

Common Uses of Large Bridging Loans Include:

• Fast property purchases
• Buying property at an auction
• Avoiding repossession
• Cash-flow problems
• Paying tax liabilities
• Property development
• Probate and inheritance tax problems
• Purchasing property below market value
• Property renovation, refurbishment and conversion
• Keeping your place in a sale chain
• Buy-to-let purchases

Why Choose Fast Forward Finance for a Large Bridging Loan?

Fast Forward Finance has been in the business of bridging loans For XXX years, We have the skills, expertise, experience, and network to organise tailor-made bridging loans for your unique situation. Here are more reasons why we should be handling your loan bridging process.

No Early Repayment Fees

A bridging loan is a flexible loan for the short term. Because it’s flexible, you can pay it back early because most bridging loans providers don’t charge an early repayment fee.

All our lenders at Fast Forward Finance don’t charge an early repayment fee. This means you can repay the loan in full before the lending period expires.

Flexible or Fixed-term Payments

At Fast Forward Finance, we take pride in providing tailor-made large bridging loans. This means that you can choose a loan that has flexible payment terms or opt for a fixed payment at the end of the loan term.

Even though at the end of the day, these options are at the discretion of the lender, you can rest assured of having multiple deals to choose from.

Fast Funding

One of the biggest benefits of short-term loans is that you often get the funds you need to quickly take advantage of the business opportunities.

In fact, most successful loans are financed within 72 hours of approval, for example, thanks to Fast Forward Finance.

Fair Decisions

At Fast Forward Finance, we take pride in working only with lenders that understand the importance of speed when making lending decisions. Because we appreciate that speed is important to the survival of your business project, you can count on getting a decision that is fair and transparent.

Transparency Every Step of the Way

Our principles of transparency, honesty and integrity ensure we provide customers with a unique appraisal of their application and a solution that meets their requirements.

Also, we make sure that everyone is aware of what the loan entails from the very beginning so that there are no surprises further down the road.

Following the FCA Rules

Even as an independent bridging loan broker, we also make sure to follow the FCA rules concerning the business finance industry. That means that our lending and credit activities are tailored to all FCA policies and you can trust that our process is transparent.

Dedicated Account Executives

Whether you want a large unsecured bridging loan or want to secure the loan with one or more of your properties, you can count on how we attempt to use our experience and expertise to handle things right for you.

To this end, we allocate a dedicated account executive to each client. This way, you always have an expert on hand during every step of the loan process.

Some of the Sectors we lend to:

• Retail businesses
• Bars and restaurants
• Hotels and B&Bs
• Hair and beauty salons
• Dentists and opticians
• Vets
• Auto garages and MOT centres

How does the Application Process for a Large Bridging Loan Work?

Before applying for a bridging loan, bear in mind that you’ll need to be able to demonstrate a strong exit strategy to persuade a lender to offer you capital. Once an initial inquiry has been made, we conduct some fact-finding on the borrower to establish their personal and employment circumstances.

We may ask for details of your exit strategy, evaluate its viability and request evidence to support it. If everything checks out, we will source a lender and may approach them for an agreement in principle. After this process has been completed, a conditional offer may be made to you. This is not binding and depends on the conditions specified by the lender or their solicitor.

The request shall then be forwarded to the applicants for completion. Finalisation and release of funds may occur shortly after this, as long as everything checks out and you meet the lender’s criteria.

Simple Qualifications

The requirements for bridge loans vary because they are a specialty loans product. However, our lenders generally look less at the borrower’s credit and financial history, and more at the strength and profitability of the investment, exit strategy and security. That means that our large bridging loan packages, unlike other forms of funding, come with very simple qualification criteria.

Easy Application Requirements

A large bridging loan is very quick and easy to apply for and can be achieved in a matter of minutes because the whole process is completed online automatically.

Super-fast Approvals

Loan approvals are super-fast, and when the administration process is handled properly, especially by a professional broker such as Fast Forward Finance, you can expect quick completions that ensure that funds can be accessed quickly, precisely when necessary.

Want to Check your Eligibility Before you Apply for a Large Bridging Loan?

You can also use our eligibility test to find out if a bridging loan fits in with your situation. his will also inform you if there are lenders who will likely approve your application based on your personal circumstances.