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Alternative Bridging Corporation Reviews [Read Our Expert Opinion]

Jane Wardle

Written by Jane Wardle on July 12, 2018

Updated July 12, 2018

Alternative Bridging Corporation Reviews

Overall Rated: 4.5 / 5

About

Alternative Bridging Corporation, directed by Paul Goodman and managed by Mick Jones, Steve Woods, Simon Michael, Phodis Maratheftis, and Amjad Ibn-Abdul, specialises in bridging loans. These loans are intended for short-term needs and are not the same as a full mortgage. Alternative bridging corporation loans help to ‘bridge the gap’ until a traditional mortgage can be secured. Whether the person is seeking for commercial or for residential (personal) purposes, Alternative Bridging Corporation may be able to assist.

Products & Services

Features & Benefits

  • Short-term loan assistance
  • Loans from £150,000 to £10 million
  • Immediate decision regarding principal
  • A principal lender, not a broker
  • Three to 24-month payoff

Summary

Alternative Bridging Corporation was formally known as Cheval Commercial Finance Loans Ltd. The company changed the name when it became incorporated. Cheval Commercial Finance was established in 1995, making the company over 20 years old.

There are three categories with which Alternative Bridging Corporation focuses upon. These are commercial, residential, and development financing. When seeking a bridging loan, it is important to understand that these loans are not intended for long-term debt, but for a quick solution for a property transaction or until a long-term mortgage can be acquired.

Additionally, one should note that the interest rates on commercial properties will be lower than that on residential and development properties as the risk for loss (on the company’s part), is lower.

Alternative Bridging Corporation has several offices where you can secure the bridging loan. While you can perform the inquiry online, the finalisation must be conducted by a Bridge Management Consultant (BMC) in-house.

 

Trust & Reputation

Rated 4.5/5

One of the primary reasons that the company requires in-house signing is to increase the security as well as minimise any confusion that a potential client may have about the bridging loan. As each loan is treated as a unique short-term loan (as opposed to some lenders who have a fixed rate and duration for every potential client), you are more apt to find the solution which best suits your needs.

Potential clients should note that the FCA has stated that there is a company based in Australia using the Alternative Bridging Corporation name for scamming. The address for the scam company is Mildura, Vic, 3500, Australia. The telephone is 0028063957577. Do not use this company as it is not affiliated with the reputable and authorised firm. Alternative Bridging Corporation is a member of the Association of Bridging Professionals, NACFB, and ASTL.

Expertise & knowledge

Rated 4.5/5

Alternative Bridging Corporation has decades of experience in loans. While the company was only incorporated on 18 March 2010, the accountants and the professionals of the company bring their knowledge and expertise to the firm. The Bridge Management Consultants of the company have been trained and know the ins and outs of bridge loans for the three categories offered.

Like most lenders, there are specialists in the commercial, residential, and development divisions. However, in all of the branches, you will find at least one representative who can professionally address any questions and concerns that you may have.

Customer Service

Rated 4.5/5

Alternative Bridging Corporation has an online chat option on their website for real-time assistance when customers need it most. The chat offers direct communication with Alternative Bridging Corporation and not a third party representative. Additionally, you can contact the company through phone, Twitter, LinkedIn or email. The firm is active in the industry as a leader of customer service and of bridging expertise and regularly hosts seminars and networking events to showcase themselves as a leader in the industry which helps to provide the necessary trust and confidence of customers.

Company Contact

Health Aid House, 1 Marlborough Hill, Harrow, Middx, HA1 1UD
Alternative Bridging Corporation 7194845
Alternative Bridging Corporation (Cheval) Limited (company no. 4219776)
FCA registration Number:760465 & 300608
Data Protection Registration Number: Z7474983


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