What are the key benefits of a bridging loan?

By Bridging Loan Directory -

There are numerous benefits of bridging finance. Quicker than mortgages, the speed of bridging loans enables property investors to seize opportunities at auctions, for refurbishments, or buy-to-let investments. A bridging loan enables you to raise more capital by securing the debt against an existing property asset. Additionally, you can borrow against the value of the property, not the purchase price.