Bridging Finance is specifically designed to suit the needs of small property developers. It serves as an essential financial solution when nearing project completion or facing unexpected financial challenges. Bridging finance offers a timely and strategic solution.
Bridging finance is a short-term loan designed to "bridge" the financial gap between two significant transactions. For property developers, it is often used as a financial solution between the finalisation of one sale and the commencement of another or between the requirement of immediate funds and the eventual influx of cash from another source.
Property development is an industry riddled with unpredictable expenses. Bridging finance can provide immediate liquidity, ensuring continuity in construction and adherence to timelines.
One of the most significant advantages of bridging finance is its flexible nature. With tailored repayment structures and terms adjusted according to the project's nature, it complements the dynamic nature of property development.
For projects nearing completion that encounter unforeseen financial hurdles, bridging finance can provide the essential push to cross the finish line.
In a highly competitive market, the ability to act swiftly on an opportunity can set you apart. Bridging finance facilitates this by providing rapid access to funds, allowing developers to seize time-sensitive opportunities.
With ready finances at your disposal, you're in a stronger position to negotiate with suppliers, contractors, and other stakeholders, ensuring cost efficiencies and timely deliveries.
At Geddes, we've refined our understanding of the unique challenges and needs of small property developers. Our bridging finance solutions are moulded from this understanding, ensuring they align seamlessly with your objectives.
We pride ourselves on:-
Recognizing the essence of time in property development, our processes are designed for speed, ensuring funds are available when needed.
We don't believe in a one-size-fits-all approach. Our solutions are custom-crafted, resonating with the specifics of your project.
At Geddes Capital, every project we finance is a partnership. We commit ourselves not just as lenders but as stakeholders in your vision.
Bridging finance is a powerful tool available to property developers, cushioning against unpredictability and ensuring project momentum. As you endeavour to shape the skyline with your projects, remember that Geddes is here to provide the financial bridge to your aspirations.