Secured Capital

Before going deep into the topic, we must know first what is Bridging Finance or Bridging loans ? In simple terms, it is a short-term, interest-only loan that is generally secured against property and allows the user to meet current obligations by providing immediate cash flow. They are short-term loans , primarily up to one year but have high-interest rates and are often backed by some collateral that might be real estate or inventory. How a bridging loan or finance works? Bridging loans fill up the gap during times when financing is needed but at that moment not available. Even corporations use these loans, and lenders customize the loans according to the situation. Bridging finance also helps homeowners to purchase a new home while waiting for their current home to sell. The main difference between a regular loan and a bridging loan is that the latter can be ready in as little as 24 hours, while it takes time for the former to organize the funding. What are the primary uses of brid...

There can be situations when you may run out of money for your projects. Plus if you are holding a business then definitely you would be interested in the expansion but the lack of funds would be causing the issue. The most straightforward and practical way to deal with this situation is to make out the necessary funds by borrowing or in other words applying for a loan, especially short term loans. In this post, we will be taking a look at the advantages of short term loans which will basically help you to decide whether this thing is for you or not. So let's go ahead! Major Benefits of Short Term Loans: 1) Fast Approval If you are someone who needs cash as soon as possible then short term loans could be the best choice for you. It's more like a payday only, it can be approved quite fast within a few hours, depending upon the lender. Even if you have to wait then at the most, you should have access to the necessary funds the same day or the following bu...

Nobody would like to live under a loan burden for many years. The greater duration of the loans can add stress on your limited finances. Also, you may also end up paying higher interest rates than what you committed at the time of making the loan deal. In all these circumstances, short term loans can come really handy to you.  Short term loans enable you to repay the loan in a shorter duration. The duration of the loan repayment would depend on the type of loan, but these loans provide you the chance of repaying the loan according to your ability and personal circumstances.  Advantages of Short Term Loans Short Duration- The biggest benefit of the short term loan is, you can repay the loan in a shorter duration. You can repay the loan in a few months at a lower interest rate. It saves you from the burden of financing for so many years which usually happens on longer duration loans.  Lower interest rates- With short term loans, you need to pay less inte...