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.