The Bridge LoansBridging loans
Copyright © 2016 par Houghton Mifflin Harcourt Publishing Company. Edited by Houghton Mifflin Harcourt Publishers. We reserve all right. n. Disaster funding, home and purchase of another.
This is also known as a swing loan. The Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. 2005 Copyrights, 1997, 1991 by Random House, Inc.
Bridging loans - 1 hour decision in principle
To apply for a bridging credit, the first thing to do is to fill in your personal data; your name, your real estate, which will provide the collateral, the amount of the credit, etc. Some of these are already prefilled with the initial information you gave us when you made your decision in the main phase. As soon as this has been arranged and approved by both sides, your Bridge Credit is obligatory.
Bridge loan | Peer-to-peer loans
The BridgeCrowd is a trade name of Social Money Limited, authorized and governed by the Financial Conduct Authority (FCA Regulation No. 675283), a UK incorporated entity (Regulation No. 08054296). Headquarters: Wilmslow Road Cheadle Cheshire, SK8 1DR, UK, incorporated in the Bureau of the Information Commissioner (Reg. No ZA026178).
The BridgeCrowd is not part of the Financial Services Compensation Scheme. The BridgeCrowd is the socially responsible way to provide and provide secure funds for bridge loans. Ourrowd financing enables us to provide more lucrative interest on bridge loans than conventional bridge financing organizations, while at the same time generating a high rate of return for our shareholders.
Borrower - Please note that any country or ownership provided as collateral may be at stake and may be repossessed if you breach your obligations. It is not obligatory to pay funds into the bank accounts. No prepayment is necessary except for the costs of a rating of your bond where appropriate (the rating costs are usually £110 per £100,000 value of the security).
Creditors and investors - please note that an investor investing through BridgeCrowd is an investor with an interest claim on loans hedged against real estate in the UK. Whereas the basic loans are backed against real estate, the value of your investments can rise as well as fall. Net yield shown for each capital expenditure is the net yield after charges but before taxes and the yield is peculiar to each individual lending.