‘Fast, non status, short-term, secured finance for any purpose’ would be a good description... but not too snappy ! If there is a residential or commercial or mixed property that is not already fully mortgaged, we will probably be able to lend money quickly, using the property as security.

Bridging loans can be used for any purpose, the most usual requests are to:

• Help with the completion of a new purchase
• Refurbishment projects / Self Build Projects
• Development Projects
• Achieve a quick completion to benefit from a discounted price
• Purchase investment property
• Buy at or after auction
• Credit repair
• Clear debts to avoid or repay bankruptcy, IVA or to stop a repossession

The main difference between regular loans and a bridging loan is the time it takes to organise. Regular lenders often take months to complete a deal. A bridging loan with Sprint Loans can take as little as 24 hours. Our minimum loan amount is £10,000 and up to £5million, so whether it’s a private house purchase or a multi-million pound business transaction, a bridging loan from Sprint Loans can achieve the required aim.