Bridging Loan

Purpose

It's not unusual for some grant funders to only provide funding retrospectively i.e. on receipt of paid invoices, that's why we provide a Bridging Loan facility. It's ideal for when you need money at short notice for relatively short periods. It enables your project to go ahead and for invoices to be paid while you claim grant money.

Main Criteria

• More than profit businesses or voluntary organisations
• You are incorporated and either limited by guarantee or shares, or are a Community Interest company, or a Club or Association
• You have agreed funding in place but can't yet access it

Key Features

• Loans from £10,000
• Competitive Fixed interest rate @ 7% and fees 2%
• Fees waived if subsequent borrowing taken
• Security not required
• Quick decision

For more information please Contact Us