Is your client's bridging loan nearing its term end,
but they are not ready to exit?
Re-bridging, also known as refinancing, can be used to settle an existing bridging facility by taking out another loan. There are many reasons why this might be required, but most likely, it will be because the original loan term will stop before an exit through sale or longer-term finance is possible.
Whether it is a development that has stalled and requires additional funds to complete or an applicant who has been let down at the last minute by another lender and requires finance immediately, speak to Impact Bridging today.
Access a faster bridging solution, call the Impact team on
01403 272625 or email bridging@impactsf.co.uk
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