Compare Commercial Bridging Loan Rates
A commercial land bridging loan is used to purchase land for commercial purposes. It is a short term loan, usually repaid over 12 months, with a property put down as security. It is frequently used for when the sale of a business asset for funding the sale is delayed, or can only be sold after the new land is purchased. The loan allows the land to be purchased in the meantime, and the loan paid off when the funds are available.
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