Asset Finance 

The raising of finance on existing or new machinery or vehicles. 

How can asset finance help?

Asset finance can be used in a number of situations including;

• Spreading payments over the life of the machine, vehicle or equipment.
• Freeing up capital for other purposes
• Increasing cash flow
• Funding part of a share purchase exercise as part of a wider strategy.

Bridging Finance

Short-term finance secured on land or property.

It is designed to be short-term finance based primarily on the value of the property or land that can released extremely quickly.

When might somebody need bridging finance?

Examples of the multitude of uses for bridging finance could include:

• Property development
• Business opportunities
• Chain-breaking
• Auction purchases
• Avoidance of a financial crisis such as repossession or bankruptcy
• Emergency cash release e.g. for tax bills.

How much can normally be raised with bridging finance?

First charge residential bridging: Up to 70% of open market value (up to 100% of purchase price)

Second charge residential bridging: Up to 60% LTV.

Commercial property: Up to 70% of open market value (up to 100% of purchase price)

Land with planning: Negotiable