Bridging LoanBridging Loan

When you need short term financing, for example to purchase property while waiting on the proceeds of the sale of another property, then a Business Bridging Loan may be the answer.

 
  • A Business Bridging Loan provides you with short term finance for a specific purpose when you need it - letting you close a deal without needing to wait until another transaction takes place
  • It is an interest only loan normally used for purchasing commercial property while waiting for sale proceeds of another property
  • It can also assist with the construction or renovation of a commercial property when you need to make staged payments as the work progresses

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Northern Bank Limited, Donegall Square West, Belfast BT1 6JS. Registered in Northern Ireland R568. Phone +44 (0) 28 9004 5000. Calls may be recorded. Northern Bank Limited is authorised and regulated by the Financial Services Authority. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. Northern Bank Limited is entered in the Financial Services Authority's register, registration number 122261. VAT number GB853 7590 92. Northern Bank Limited subscribes to the Lending Code.

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