Bridging Finance
Refinance & Exit Finance
Refinance a bridging loan approaching maturity or exit a development facility — before default penalties apply.
Bridging and development loans have defined terms. When a borrower cannot exit within the agreed term — because a sale is delayed, planning is outstanding or refinance has not completed — the loan enters default, triggering penalty rates and potential enforcement action. Exit finance provides a short-term solution: a new bridging facility to repay the maturing loan, buying the time needed to complete the planned exit at a lower cost than default.
Preventing Default Penalties
Default rates on bridging and development loans are significantly higher than contracted rates. A well-timed refinance, even at a higher rate than the original facility, will typically cost far less than allowing the loan to roll into default.
Debt Consolidation
Where multiple short-term facilities exist across a portfolio, exit finance can consolidate them into a single facility with a single lender — simplifying management and reducing overall cost.
Acting Early
Lenders are far more willing to assist refinancing a loan in good standing than one that has already defaulted. If your exit is at risk of slipping, contact us at the earliest opportunity.
Adverse Credit No Bar
The presence of adverse credit on the borrower's file makes rapid exit finance more challenging but not impossible. Specialist lenders assess the security value, equity position and revised exit plan.
Suitable For
- Borrowers with bridging loans approaching maturity
- Developers unable to exit development finance within term
- Investors awaiting a delayed sale or refinance completion
- Portfolio landlords consolidating multiple short-term facilities
- Borrowers in default or approaching default on bridging debt
- Cases where adverse credit prevents standard mortgage exit
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