Fincorp Shares the Benefits of Getting a Short Term Bridge Loan

Fincorp, a leading UK principal lender, shares the benefits of getting a short-term bridge loan.

London, United Kingdom (prHWY.com) November 21, 2012 - London, United Kingdom (October 18, 2012) - Fincorp, a leading UK principal lender, shares the benefits of getting a short-term bridge loan. Fincorp's stress free loan service means that buyers don't have to miss out on landing their preferred properties while waiting for other financing.

Short-term bridging finance is used in a variety of ways where traditional loan alternatives cannot be settled in time. These temporary loans can assist in providing contingent funding to comply with a deadline or as a substitute when other finance options are simply unviable to pursue. These loans can also help prevent credit defaults, and be used for capital raising and credit damage repair purposes.

Property investors are flocking to this finance option due to the speed that the transactions are finalized. Other clients that are increasingly using this option include property developers, traders, and speculators.

Bridging loans can also help companies in a tight financial bind to be able to pay off their liabilities. Payments can be made when the required funding is not yet readily available. They can also help companies in facilitating transactions such as IVAs and bankruptcy proceedings.

Fincorp recognizes the need for clients to get the required funds to quickly complete their transactions. As a primary lender, Fincorp assures clients that their requests will be decided swiftly with nominal red tape. They can give a decision over the phone and have the needed funds released within a week.

For more information, visit www.bridgingloansfc.co.uk.

About Fincorp

For more than two decades, leading UK principal lender Fincorp has been providing exemplary bridge finance services to its clients. Their specialty is finance for residential properties, with loans ranging from £150,000 to £5,000,000. Clients pay a reasonable rate for the loan period, and can then take the time needed to arrange for longer term financing with banks or other financial institutions.

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Tag Words: bridge loan, bridging finance

Categories: Finance

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