Principle lenders for bridging finance?

Discussion in 'Cashflow forum' started by carrera15, Jul 28, 2011.

  1. carrera15

    carrera15 UKBF Newcomer Free Member

    27 1
    Hi all,

    Im looking for any bridging loan companies that are Principle Lenders ie lend their own funds. Having tried out various broker firms and paid out the 'commitment fee' only to have them either waste my time not being able to help at all(!) I am looking for a company that can loan funds that they themselves have. Does anyone know of any companies?

    Thanks
     
    Posted: Jul 28, 2011 By: carrera15 Member since: Sep 3, 2009
    #1
  2. Mark CFL

    Mark CFL UKBF Newcomer Full Member

    23 2
    Do you mean a property bridging loan?
     
    Posted: Jul 29, 2011 By: Mark CFL Member since: Jul 15, 2010
    #2
  3. carrera15

    carrera15 UKBF Newcomer Free Member

    27 1
    @Mark CFL

    No, a commercial bridging lender ie 12 month loan against a comercial property to fund new venture.
     
    Posted: Jul 30, 2011 By: carrera15 Member since: Sep 3, 2009
    #3
  4. Mark CFL

    Mark CFL UKBF Newcomer Full Member

    23 2
    Posted: Aug 1, 2011 By: Mark CFL Member since: Jul 15, 2010
    #4
  5. jim_price

    jim_price UKBF Regular Free Member

    456 100
    Are you sure it's bridging finance you want? To me a new venture comes with a good deal of uncertainty as to future cash flows. Bridging finance is very expensive and I'd say should only be used where there is a high level of certainty over timescales.

    If you have security available, is an overdraft or bank loan possible?

    Anyhow, one principal lender I'm aware of is http://www.masthaven.co.uk/
     
    Posted: Aug 1, 2011 By: jim_price Member since: Aug 25, 2009
    #5
  6. carrera15

    carrera15 UKBF Newcomer Free Member

    27 1
    Thanks guys will try those companies
     
    Posted: Aug 2, 2011 By: carrera15 Member since: Sep 3, 2009
    #6
  7. SB100

    SB100 UKBF Newcomer Free Member

    6 1
    Hi, we might be able to help. Drop me a line if you like.
    Regards
    Simon.
     
    Posted: Nov 16, 2011 By: SB100 Member since: Nov 8, 2011
    #7
  8. Ryan Ewen

    Ryan Ewen UKBF Newcomer Free Member

    1 0
    Hi, its worth checking out the new bridging directory information website - we can compare the short term finance market for you.

    Regards
    Ryan
     
    Posted: Jul 13, 2017 By: Ryan Ewen Member since: Jul 13, 2017
    #8
  9. tony84

    tony84 UKBF Big Shot Free Member

    5,298 901
    Its years old this thread.
     
    Posted: Jul 13, 2017 By: tony84 Member since: Apr 14, 2008
    #9