Bridging Finance

 

Bridging Loans

Quick and Personal Bridging Finance

DAP Finance is a market leading short term bridging loan specialists. We have an excellent reputation for a quick and reliable service from initial enquiry through to repayment of the bridging loan. In our recent customer satisfaction survey, an impressive 96% percent of clients stated they would use DAP Finance again in the future.

Our clients benefit from direct access to an experienced lending team with an in-depth understanding of the property market, who make every effort to structure the bridging finance loan facility to your specific needs. Crucially, you can expect to receive a quick decision  and competitive rates on all our bridging loan products and other short term finance.

Bridging Loan Rates from 0.75%

Rates from 0.75% will be chargeable on the amount borrowed every 30 days. Rates are subject to change and will increase or decrease in line with movements in 3m LIBOR (London Inter Bank Offered Rate). The overall cost for comparison is 11.2% APR.

Same Day Decisions

  • 1 to 12 months
  • £25,000 – £10 million
  • Monthly rates starting from 0.75%
  • Non-status and full status
  • Interest roll-up facilities
  • Arrears, defaults, bankruptcy, CCJs – accepted
  • Finances made available in 2-5 business days
  • Arranging bridging loans for private individuals, partnerships, limited companies and sole traders
  • Highest loan to values, offering up to 100% with additional extra security

 

Why use a Bridging Loan?

Bridging Loans are short-term finance solutions which can be used in a wide variety of situations where immediate funds are required. Bridging Loans can be used to  purchase property at auctions, to finance developments, conversions and refurbishments, as well as to break mortgage chains, raise working capital and purchase buy-to-let properties.

 

Development Finance

Depending on the project and your experience, we offer a range of development finance options. Our Development Finance facilities have slightly different lending criteria, but we can provide flexible project finance options tailored to your needs. We are particularly interested in funding residential development projects and income producing property proposals within London and the South East.

Our expert property finance team understands the property market and the challenges and issues you face, and will always ensure you get a quick decision – and fast completion. We recognise that no two property projects are alike, we consider each application on its merits and structure and price loans to suit specific requirements of each case.

 

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Should you like to us directly about your needs, please call us on 0208 202 1214