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Know About Bridging Loan - Finanta
- 1. KNOW ABOUT “BRIDGING LOAN” -FINANTA
- 2. Instructions for use BRIDGINGLOAN A bridging loan is a flexible way of organizing short term funding. They are used to 'bridge' a gap between two transactions. 2
- 3. TYPES OF BRIDGING LOAN •Open BridgingLoan •Closed Bridging Loan 3
- 4. 1. Open Bridging Loan Whenthe reimbursement date and method is undetermined. 4
- 5. “2. Closed Bridging Loan Whenthe reimbursement date and method is fixed from the get go.
- 6. The sale andpurchase process of Bridging Loan scenario 6 Existing Property New Property Purchase + = - = Peak Debt Sell Existing Property End Debt
- 7. 7 Is a Bridging Loanright for me?
- 8. ●Your property doesnot get repossessed. ●Advantage of a short-term option. ●Purchase your new dream home whilst to wait for current home to sell. Benefits of Bridging Loan 8
- 9. Want Bridging Loan???? 9 Howone can find a good Bridging Loan lender?
- 10. A good BridgingLoan lender qualities 10 ●A good lender would levy a competitive interest rate. ●Procuration fee would be less. ●The whole process of lending would be quick and smooth. ●There would be less paperwork formalities and regulatory obligations. ●A good lender would also give you legal help.
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- 13. Why Finanta?? •Our specialistswill provide you a simple, fast and short-term funding solution for your cash-flow requirements. •Instant decision in principle within 24 hours and release the funds within 5 to 7 business days. •Whether employed, self-employed, have a bad credit history associated with discharged bankrupts, IVA's arrears, defaults or CCJ's Finanta offer you a bridging loan. 13
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- 15. Place your screenshothere 15 CONTACT Address 86-90 Paul Street London EC2A 4NE Business hours Monday – Friday : 9.00am – 5.30pm Saturday & Sunday : Closed Telephone: 0203 697 0477 Fax: 0872 352 7553 Email: info@finanta.co.uk Website: http://www.finanta.co.uk/bridging- loans.html