em reports growth in bridging loans

bridging the gap with short term finance at em-

Guy Garrard, director of business development said: ‘bridging loans are proving time and time again to be an extremely useful facility for a number of reasons. Bridging loans can provide fast access to funding with the minimum of formalities. They are easy to arrange and funds can be used for a variety of purposes.

Representatives from em-bridging will be attending our nationwide roadshow events taking place over the next few weeks and any broker interested in learning more about bridging loans and how they can maximise revenue opportunities should not miss attending.’

Bridging loans are particularly helpful to both the broker and the client in instances when clients cannot proceed as quickly as anticipated because of unforeseen circumstances. Be it a sale fall through, or decline on an original mortgage application, a bridging loan will give the client access to funds allowing them to go ahead with a purchase even if they are yet to find a buyer for their existing property or if they have to go through the mortgage application process again.