Commercial bridging is a loan where the security property type is commercial - a property that is used for business purposes and houses a company and its employees. Commercial property includes shops and retail outlets, Restaurants etc. Commercial Bridging can be used to purchase or refinance a commercial property.
Commercial property purchase or refinance
3 to 18 months
Retained or Serviced
Three months’ interest
Semi-commercial or commercial. To be classed as semi-commercial, the residential element must account for at least 50% of the value and have separate access