London Credit

Who are London Credit and what do they do?

London Credit is a London-based lender providing business-purpose bridging finance loans to British and overseas-based borrowers and business owners.

London Credit’s combination of extensive funding and a dedicated origination team ensure loans are completed smoothly and on time offering speed, flexibility a ndability to lend on complex cases.

We have 10 years track record of lending with an experienced team to facilitating your bridging loans.

Do London Credit offer bridging loans?

London Credit offer unregulated bridging loans, 1st & 2nd  Legal Charge.

What do London Credit’s interest rates look like on bridging finance? 

Our rates start from 0.53% interest. They are competitive when compared with the rest of the bridging finance industry.

What do I need to get a bridging loan with London?

In general, completed application form, proof of address, passport, copies of AST’s/commercial leases (if applicable).

How do I apply and how easy is the process?

Contact your Business Development Manager, Chris Stylianides –[email protected] / 07585 338 684 who will guide you through our process.

Our process is easy, contact your BDM who will assess the case over the phone or on email. Terms are usually sent out within the hour and if happy to proceed we will send over our list of requirements in order to proceed.

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

Underwriting checks are completed on the same day with completion on average taking 2 weeks however heavily dependent on the borrower’s solicitor in my experience.

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

Here is a list of the type of bridging loans we offer at present:

✅ Standard investment property purchase

✅ Auction purchase

✅ Development Exit

✅ Re-bridge

✅ Adverse credit

✅ Part finished developments

✅ First time landlord purchases

✅ Capital raise for refurbishment

✅ Re-finance

✅ Short leases

✅ Probate

✅ HMO Conversion

✅ Complex company structures

✅ Ltd Company overseas structures

✅ Business cash flow

✅ Foreign national purchase

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

Pros: 10 years track record of lending

          Certainty of funds

          Experienced team

          Interest calculated daily NOT monthly

          NO ERC’s, No exit fees and No commitment fees