Bridging loans from Affirmative Finance provides necessary funds for short periods of time. Such loans tend to be loans to individuals buying a new home when their current home has not yet sold. Loans can range from £10,000 to £1,000,000 and are offered in an 18-month timeframe to give the homeowner ample time to sell their current home and repay the loan quickly. This type of funding can also be secured for building a new home or business while waiting for the current one to sell.
Property development funding is another part of Affirmative Finance. With this style of loan, the customer can build their home, business, or any other type of small or large project without the traditional backing from the equity in their current home. It is ideal for those in the property development sector for those want to build rather than buy, and Affirmative Finance promises an excellent alternative to the traditional bank loans that can sometimes be difficult for some individuals to acquire.