TAB

TAB was founded in early 2018 and has focused on originating and servicing unregulated bridging loans secured on a first and second charge basis against residential and commercial properties in the UK.

TAB has a best in class team. CEO Duncan Kreeger has overseen more than £2.5bn of new loans throughout his career and managed a loan book of over £400m by successfully co-founding, growing and selling another bridging lender.

To date, TAB has originated £130m of bridging loans. TAB has a solid reputation in the short term property finance market, underpinned by its simple and transparent lending strategy. The Company prides itself on having the ability to deliver quick yet bespoke finance, with initial terms provided shortly after an enquiry and decisions based on real-time changes within the property market.

Originations are driven through a growing network of brokers, as well as through the strong relationships TAB maintains with direct borrowers and introducers as a result of the senior management team’s extensive contacts in the sector.

Does TAB offer bridging loans?

TAB offers a wide range of bridging loans including first and second charge residential and commercial finance, ground-up development finance, refurbishment finance and land with or without planning. Our flexibility allows us to make changes to products depending on the clients need, TAB looks for solutions wherever possible.

What does TAB’s interest rates look like on bridging finance? Good or bad in comparison to others in general?

TAB’s interest rates are well placed at the competitive end of the industry for bridging finance. TAB is becoming increasingly more competitive across the entire product range thanks to the addition of competitive institutional funding lines.

What do I need to get a bridging loan with TAB? Credit checks, financial capital, etc.

In order to get a bridging loan, TAB requires the necessary information to understand the borrower, the property and the reason for the loan. Some of the information that is required (but not limited to) is to understand who the borrower is by taking the necessary AML and KYC checks, key information about the property and its value, proof of the borrower’s exit strategy and how the borrower intends to repay the loan.

How do I apply and how easy is the process?

Borrowers can now apply for TAB bridging loans through our application process. Brokers and borrowers can complete an application form online quickly and easily. TAB’s team understands who the borrower is, the security and the story. TAB undertakes industry due diligence in order to be a commercial solution for clients.

How long does the application process take and when do I get the money?

TAB has been known to complete loans from enquiry to completion within a matter of days. The application process itself will take as long as it takes the borrower to supply all the relevant information required to process the application. The length of the application process is considered on a case by case basis and the complexity of the loan or the required solution.

Does TAB do any specialist bridging options for things like property, business, etc? 

TAB offers a wide range of specialist bridging products. TAB can react quickly to real time market changes, and their increasing product ranges means they can adapt products to facilitate the needs of their clients. TAB products are designed with a flexible and human approach, there are no computer tick box requirements which allows us to find solutions to complex cases.

What are the pros and/or cons of a bridging loan with TAB?

Trust and transparency are two key values of TAB, and we pride ourselves on our personalised and human approach to lending. We make sure our key stakeholders of the application are accessible to brokers  and solicitors at any time of the day by any means. TAB is quick to respond and always looks to find solutions. We are one of the only lenders in the market with a one month minimum interest period.

TAB bridging loan reviews

TAB uses the Feefo review platform for borrowers, brokers and investors to give feedback. TAB is always seeking ways to be the best we can and reviews are always welcomed to gather valuable insights from customers’ feedback.

“Great lender – highly recommended”

Great service all round – diligent and transparent through the process and always wanted to get the deal done no matter what obstacles.

“A lender with a big future in the industry. They just keep getting better!”

Fantastic team. Efficient and deliver whenever needed.

“Bridging Made Simple!!!”

As always, very quick, flexible and a joy to deal with!! TAB have now stepped up a gear (or two) and are serious players in this very crowded market.

https://www.feefo.com/en-GB/reviews/tab?displayFeedbackType=SERVICE&timeFrame=YEAR