About Us
PFN Finance specialises in all element of commercial finance funding. As independent commercial brokers we have access to a large range of Banks, Building Societies, Finance Houses and Specialist lenders. Our staff have a wealth of knowledge and expertise in Building A Property Portfolio in this sector with an excess of 35 years of experience. Our knowledge of the industry makes us very aware that poorly researched or presented application form are very often completely rejected for the wrong reasons.We use our knowledge to approach an appropriate lender for the particular case. This provides the client with a competitive package straight away whatever to requirements.
WE ARE A BROKER, NOT A LENDER Following an initial discussion, we will agree the way forward, hold detailed discussions with you, normally face to face, to gain all the necessary information with a view to getting a straightforward and positive decision from the lender. We operate with a policy of no up-front fees. Our fee package is flexible and only payable on results. All fees are agreed in advance and confirmed in writing.
What Benefits Make Short-Term Bridging Loans The Best?
There are many reasons you may need to take out a short-term bridging loans. They are a rather affordable and unique service, no matter who you are and what you need. You may be ready to start off an application, or are still looking into information about it before proceeding. Either way, we’ve put together this article to help you understand the benefits that come with the best bridging loans! Read on if you want to learn more about short-term bridging loans and how they can help you.
What Are Short-Term Bridging Loans?
Before getting into its perks, it would benefit you to understand just what short-term bridging loans are. Bridging loans come into use when you need to take a loan (i.e. borrow money) for a short period of time. It is called a short-term bridging loan as it helps you “bridge the gap” that exists in the period where you wish to buy a new property before selling your older one. Bridging loans can also be useful when you want to buy a property during an auction, so you can get the money immediately.
Benefits of the Best Bridging Loans
Now that you’re up to speed with what short-term bridging loans are and their different types, we can tell you about their advantages! Here are the benefits that come with opting for the best bridging loans here at PFN Finance: 1. Quick Process: 2. Straight from the get-go, bridging loans are a fast and effective way to get instant access to the money you need. They’re so simple and efficient; you can even pay them out within days. When compared to conventional loans, short-term bridging loans can save you a lot of time. Conventional loans take up many weeks of your life just to be underwritten. So, if you’re in a hurry, short-term bridging loans are your best option. 3. Lots of Potential: 4. By and large, most traditional resources are strict when it comes to loan applications. Lenders and banks will have very specific needs when it comes to “intended purposes”, so your application may take forever to be considered. This is where short-term bridging loans hold high potential! They can be used for any legal purpose, without needing to be questioned. All you have to do is prove that the loan can be paid back, no justification is needed, making this a quick and swift process.
Conclusion
Now that you know more about the advantages of short-term bridging loans, you’ll need to find the right person for you. Here at PFN Finance, we have many experts who are skilled to help you in any way you need. So, if you’re looking for the best bridging loans, contact us. We’d love to help you out.
Contact Us Address - Roadside Farm, Little Salisbury, Pewsey, Wiltshire, SN9 5NB. Phone - 01672 569040 Email - info@pfnfinance.co.uk
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