TPP Global understands the important role of bridging finance in day-to-day business activities.
We offer bridging loans for business borrowers in exchange for security over tangible assets.
Our indicative terms for working capital facilities are as follows:
Type
Bridging Finance Facility
Facility size
$100k to $10 million
Interest rate
From 14.0% per annum plus fees
Term
1-6 month with the option to renew
Security
Secured or unsecured
Bridging finance is a helpful business tool
Whether you are settling on a property or are short on a payment for stock, having access to a bridging finance facility can be an essential tool ensure capital obligations are met.
While the cost might be perceived as high for bridging finance, it is typically short term only. The benefits often outweigh the potential downside of defaults on other funding obligations if adequate funding hasn’t been sourced in time. Many successful business-people use short term bridging facilities to ensure their capital requirements are met.
Fast turnaround
We have legal resources on-hand to deploy contracts and capital promptly subject to borrowers satisfying standard due diligence requirements.
Apply Now
If your business is seeking access to funding via a bridging loan facility, please complete our Funding Request form and one of our team members will be in touch.