Your IndustryAug 22 2013

Guide to Bridging Loans

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CPD
Approx.60min

    Guide to Bridging Loans

      pfs-logo
      cisi-logo
      CPD
      Approx.60min
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      Introduction

      By Emma Ann Hughes
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      As with any bridge, it is vital to spot the exit and know how your client will get there. All lenders will want to see a viable ‘exit’ strategy before they offer a bridging loan.

      This guide tackles regulation of Bridging loans, how to secure this type of finance, the pros and cons of borrowing cash in this way and what happens if the borrower fails to make payments.

      Contributors to this guide are Rob Jupp, incoming chairman of the Association of Bridging Professionals; Alan Margolis, head of bridging at United Trust Bank; Mark Posniak, head of sales and marketing for Dragonfly Property Finance; Ray Cohen, of compliance consultants Jackson Cohen; and Danny Waters, chief executive of Enterprise Finance.

      This guide is produced in association with the Association of Bridging Professionals. For more information, click here.