Bridging Loans and Short Term Finance

A commercial bridging loan is usually needed when a business needs to expand or needs to raise funds quickly and without fuss. Short term loans can be used for a variety of purposes and have the following key advantages:

  • Quick to arrange – with many of these loans serviced by our own funds
  • Can be used for any business purpose
  • Ideal for expanding businesses
  • Available for property development and improvement projects

Rapid approval

Short term bridging loans are far easier to arrange than long term finance, and will often be used to provide finance whilst long terms arrangements are made.

Finance with all possible speed

Asset Finance UK will progress any application with all possible speed, and we’ll often use our own funds to finance these types of loan. Providing the requirements of the loan are met approval will be given as quickly as possible.

Been turned-down elsewhere?

Our network of funding sources which including our own funds means were often able to help companies that have been turned down elsewhere. We’ll always consider every application from new companies and companies with poor credit records or businesses who have experience trading difficulties. If you’ve not got a set of up-to-date accounts that’s not always a problem either, just get in touch today and we’ll do our very best to help you.

Asset Finance

We have a number of solutions that can be tailored to suit your requirements:

  • Plant and equipment with everything from earthmovers to blast furnaces.
  • Factory machinery including printing presses, production lines and woodworking machinery.
  • Commercial vehicles large and small from a single van to a fleet of articulated trucks.
  • Executive company cars covering the very best marques at extremely competitive rates.

Trade Finance

Trade finance usually runs alongside the traditional forms of funding like overdrafts, invoice discounting and factoring and will take the form of purchase finance, letters of credit or VAT export funding schemes.

  • Import Finance allowing you to pay for goods abroad prior to shipping.
  • Export Finance covering the cost of shipping and VAT.
  • Purchase Finance to help with seasonal trends and bulk orders.

Invoice Discounting and Factoring

Invoice Discounting and Factoring are a means of improving your cashflow by obtaining funds secured on the strength of your sales ledger debts.

The average time taken for UK businesses is to get paid is 67 days. With Invoice Discounting or Factoring, you get up to 90% of each invoice value paid into your bank account immediately.