Should your business have a cash flow or working capital requirement, and you don’t have sufficient value in existing invoices, we will look to structure a trade finance facility against residential or commercial property where equity exists. This Trade Finance loan facility can be structured in two ways.
- Where we have Debtor Finance against variety of securities
- Finance against property without the Debtors Book
We will assess the equity on your property and lend you a certain value. The amount borrowed can then be repaid in equal instalments over a fixed period of time.
Revolving Credit Facility
We will assess the equity on your property and give you an overdraft facility whereby you will service the interest portion of monies borrowed on a monthly basis.
Once you’ve received the loan, you could use it to fund a variety of things such as vehicles for your fleet, stock for your inventory, or machinery…the list is endless.
As most business owners know, access to finance is an arduous process which is time consuming and with a low chance of success. It is even more frustrating when funds are due imminently but financiers are reluctant to advance money without a detailed application process and security.
One solution BridgeProp are able to offer PROPERTY SELLERS is instant access to the net proceeds due on registration.
Being able to access funding within 24 hours can be an invaluable tool, particularly at month end when timing is critical viz a vis:
- Vat Payments
- Creditor obligations