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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|
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.
We have legal resources on-hand to deploy contracts and capital promptly subject to borrowers satisfying standard due diligence requirements.
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.