Fincorp Offers Insights on a Short-Term Bridge Loan

Payments can be made even when necessary funding may not be readily available.

London, United Kingdom (prHWY.com) February 18, 2013 - London, United Kingdom (January 22, 2012) - Fincorp is offering their expert insights on the benefits of obtaining a short-term bridge loan.

A short-term bridge loan is an alternative means of 'bridging' the gap between a deadline for producing money, to the time financing is secured from banks or other lending firms. It provides substitute and expedited funding to prevent credit faults, to purchase property, or for other capital raising purposes.

Because of transactions finalising quickly, many are turning to this financing alternative. Individuals recognising the benefits of this loan option include property developers, speculators, and traders.

Not only can a bridge loan finance the purchase of a property, but it can also assist companies that are in dire financial straits to pay off their liabilities. Payments can be made even when necessary funding may not be readily available. Such a loan can also be used in facilitating transactions like bankruptcy proceedings and individual voluntary arrangements (IVAs).

As one of the local experts on bridging loans, Fincorp acknowledges the need for clients to obtain funding at the soonest possible time for finalising their commercial transactions. As a primary lender, they ease the minds of their clients' requests for prompt financing with minimal red tape.

The company also gives answers to some of the most frequently asked questions on bridging finance as well as periodic updates and other insights on the process. They also assure clients of no extra or hidden charges upon being approved.

Visit www.BridgingLoanSFC.co.uk to find out more.

About Fincorp Ltd

Fincorp has been providing short-term finance for residential properties for the past 20 years, with loan amounts ranging from £150,000 to £5,000,000. They are located at 58 Acacia Road, London NW8 6AG. Call them 020 7722 7547 or email bridging@fincorp.co.uk to get started and seek alternative financing today.

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