To fund purchase of a property abroad.

Provide temporary funding for purchase of a 'defective' property, pending completion of repairs. To fund urgent purchase of a property, pending arrangement of a long-term mortgage.

To raise capital for any purpose, pending a sale of security property.

These are some of benefits of a bridging loan:

An easy and manageable route to generating extra cash.

No survey, valuation or solicitors fees to pay.

You can use cash for any purpose.

Bridging finance is increasingly used for property development including site purchase, self-build projects and property conversions. In property investment market bridging loans can be used for completing purchases quickly; for example, when property has been secured at auction. They can also be cost-effective for clients wishing to acquire property for refurbishment and re-sale.

In fact, bridging finance can typically be used for any genuine commercial purpose as a short-term measure. Because of short-term nature of loan however you should expect to pay more interest and higher fees than with a long-term loan.

Some lenders offer fast in-principle decisions and may be able to release funds for clients very quickly. This 'quick' element allows clients to secure a property speedily, and with minimum of stress.

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GM is in financial trouble. The company is planning to layoff 25,000 U.S. employees. The troubles were evident to investment community for over a year. Hedge Fund managers made a simple bet on GM. Funds bought GM's corporate bonds and hedged risk of default by shorting GM stock. The plan was to hold bonds and Hedge Funds would lock in interest rate spread between coupon on debt and dividend on common stock. This was a simple either or bet. If GM defaulted on bonds, shorted GM stock would cover bond loss and allow for a profit. If Company strengthened its financial position, interest on bonds would cover any losses sustained by short position. As with many D-bombs, it appeared Hedge Funds couldn't lose.

The D bomb exploded when GM debt was downgraded (causing its bonds to go down) and Kirk Kerkorian made a tender offer for 3% of GM's stock, causing GM shares to rise. Hedge funds got shredded in this little D-bomb explosion. A similar thing happened with Ford stock and debt. And, it happens often with no one wiser.

The fact is those betting on Derivatives are betting on future of Civilization. At some turning point in economic situation, whether it be a recession or double-digit inflation, Hedge Funds will lose sufficient bets to create a cascading explosion that will destroy Civilization. The sad fact is most people don't see that D-bomb is in play and will eventually explode.