Frequently Asked Questions
Bridging finance is short-term and often used for specific purposes, while traditional loans have longer terms and can be for various uses.
Credit requirements can vary, but some bridging finance options are more flexible with credit criteria.
Bridging finance terms are generally short, often ranging from a few weeks to a few months.
Collateral requirements can vary, but many bridging loans are secured by assets, including property.
The ability to repay early without penalties depends on the terms of the specific loan agreement.
No, bridging finance can benefit a range of businesses and individuals with short-term financial needs.