Masthaven can offer commercial bridging loans on most types of commercial property – offices, shops, restaurants etc.
The security property can either be property you already own or which you intend to buy with a commercial bridging loan from Masthaven. You may need to source bridging funding quickly to take advantage of a business opportunity or a chance to purchase commercial property at a reduced price.
If commercial property is bought at auction you usually need to pay a 10% deposit immediately and then raise the balance within 28 days. We can provide this bridging funding at short notice for a period up to 9 months. The bridging loan is usually repaid through a remortgage with a high street lender or when the property is sold.
Commercial Bridging finance from Masthaven can also be used to give your business a cashflow injection, perhaps to assist in purchasing stock or paying a tax or VAT bill. These bridging funds can be secured on your business premises and repaid in as little as 3 months once your business cashflow permits.
We aim to make the commercial bridging process straightforward and assist in obtaining the necessary finance within the shortest period of time.
Commercial Bridging Loans can be obtained for the following:
- Shops, Offices
- Land with planning permission
- Property finance
- UK Companies
- Main residence or second home
- Commercial auction properties