How Can You Use Funds Acquired From Bridging Loans?
Bridging loans are short-term mortgages that bridge the gap between your finances. Primarily investors and property buyers use it. You can very well purchase a new property without selling your old one using bridge financing. Various ways to use the funds acquired from bridging financing are as follows:-
1. To access equity fast
2. To raise business capital
3. To buy a commercial asset at auction
4. For property development
5. For the refurbishment of a business premises
6. Top up cash flow
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