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Financial education 101: what are bridging loans?

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Bridging loans | Haley McPherson

Individuals and businesses can find themselves in need of short-term funding in all sorts of situations: whether it’s for buying a property, getting a new build or other business project off the ground, or meeting refurbishment costs.

In situations like these, there are a number of options available for gaining the funding fast, but an increasingly popular one is the bridging loan.

< Who are property professionals and when can bridging finance help them?£291 reduction in outgoings with a Second Charge mortgage >