WHAT IS BRIDGING LOAN?
A bridging loan is short term property backed finance solution. Bridge loans are usually provided for 1-24 months, with loan repayable in full at the end of the term. Unlike other forms of borrowing, the monthly interest can be automatically retained into the loan and is payable at the end of the term or serviced monthly, depending on the client's requirements.
The main advantage of bridging loans is that the application process is simpler than other types of loans. You can get quick access to funds with minimum formalities, and it can be offered against any asset type. The application process usually takes 5-14 days.
WHY DRM Capital?
We endeavor to understand what the client is trying to achieve and provide the best financial solution considering the client's need. We provide fast and quick financial options and solutions to all funding requirements to best facilitate our customers. Our application process has been streamlined to make the process as easy as possible on the applicant.
We offer Loans from £100k to £100m+ based on your requirements. Our investor's rates start from 0.45% per month. We provide up to 80% LTV on residential properties and up to 75% on commercial properties. The term period varies from 1-24 months. We don’t require any monthly payments or proof of income.