Bridging finance is a short-term loan that allows the borrower a period of time, before refinancing the loan. That is, it provides a ‘bridge’ for the borrower. The following article will act as a guide to bridging finance as a short-term funding option.
We’re delighted to showcase August’s issue of Mortgage Introducer. LendInvest Co-Founders, Christian Faes and Ian Thomas are this month’s ‘cover stars’ of this leading publication for the mortgage industry.
We introduce you to another member of our ever-growing tech team and discuss the future of finance and new features being introduced to LendInvest
A case study of how we supported to a client to purchase a property at auction
The borrower was a dot.com entrepreneur, that required a quick cash-flow injection for his internet start-up business. The borrower had an unencumbered flat in St Johns Wood, that he used as security for the loan.
The borrower was an experienced hotel operator and investor, and they were looking to purchase the Wembley site, and then obtain planning for a hotel.
When the borrower made the initial enquiry, they had four business days to complete their purchase transaction. They had been let down by two other bridging finance lenders, and now they were stuck in a very difficult situation.
Celebrating innovation in financial services by bringing together established and start-up companies, uniting London’s FinTech Cluster. With five major themes, all focusing on the disruption of technology and innovation, FinTech Week has something for everyone. Contributing to the disruption and the intersection of financial services and technology, LendInvest made an appearance at a number of…
Montello launches bridging loan case study website Short-term finance house Montello has launched a new website to show off how bridging loans are put to work in real life.