If you require a Short-Term loan and need the funds quickly then Element Finance is able to provide a bespoke finance solution for any legitimate purpose.
Short term finance or bridging can be used for many purposes. We will find the right solution for many scenarios.
With rates starting from 0.43% per month and loan terms ranging from 1 to 24 months this form of finance can be very useful.
Obtaining bridging finance is, in essence, a simple process and loans can be secured on both Residential and Commercial Property Assets and Land / Development Sites. In some cases, we can take other assets as security for the loan such as Luxury Cars, Art, Jewellery etc.
Some potential uses:
- Buying a bargain property at ‘Below Market Value’
- Buy a property which is deemed ‘Un-mortgageable’ and requires significant refurbishment.
- Moving home before your current property is sold
- Buying a property at auction and needing funds quickly to complete on the purchase
- Raising cash to buy a Business, Purchase Stock or perhaps buy out a Business Partner
- Raising cash to pay a Personal or Business Tax bill
- Raising cash to stave off a repossession order
We can move very quickly giving an immediate decision and very often have the loan offer issued the same day.
For free, expert advice to help secure your short term funding please call us today or submit an enquiry and we will contact you. Our advice is offered freely, in confidence and without obligation.