Bridgecrowd completes loan for overseas business within six days
BridgeCrowd once again showcased their speciality in quirky, hard to place bridging cases when they provided a £60,000 loan for a professional who only had 2 years left on his right to remain visa.
The client had a London based property, purchased in 2014, and needed short term finance for an upcoming business venture. The client had been rejected for finance by both the high street and traditional bridging lenders, but BridgeCrowd were more than happy to help the client and secured the funding based on his individual merits rather than on the constraints of traditional bridging requirements.
This first charge loan was completed within 6 days and the business venture was able to power ahead and was given time to grow within the remaining visa term.