Alternative Bridging Corporation has enhanced its commercial bridging proposition, introducing a more flexible offering to support a wider range of property transactions.
As part of this update, Alternative Bridging now offers commercial bridging loans of up to 70% LTV, based on open market value (OMV) with vacant possession – enabling brokers greater flexibility to secure greater leverage for their clients.
Alternative Bridging has also introduced stepped rates as part of its commercial bridging proposition, giving clients more control over how they manage costs across the term of the loan.
This, combined with lower pricing and a tailored underwriting approach, makes the proposition well suited to clients with complex or time-sensitive requirements.
The refreshed commercial bridging proposition is designed to help brokers secure funding aligned with their clients’ strategic goals, whether they are acquiring, refinancing or repositioning commercial property assets.
Stephen Meller (pictured), director at Alternative Bridging Corporation, commented: “We’ve enhanced our commercial bridging range to provide more opportunities to secure the right funding solution for their commercial clients. The increased maximum LTV gives borrowers greater capacity to realise their plans. It’s part of our ongoing focus on listening to the market and delivering practical lending solutions that work.”
