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  • david88077

Commercial Bridging - Using Second Charges To Raise Capital

A few of questions:


  • Do you need to raise funding for your business. 

  • Does your business own commercial property / buy to lets or are you willing to pledge personal property. 

  • Is there significant equity in the property.


If your answer to these questions is yes then you may be interested in raising funding through a bridging loan secured by way of a second charge on the property.  Key features of such a facility depending on the lender are:


  1. Any Business Purpose.  The facility can be used to buy more property, raise working capital or for any other business purpose.

2. No Lender Legal Fees until completion. No completion, no fee (valuations will have to be paid for by the borrower as will their own legal fees). 

3. Open Market Value. Depending on the lender the facility may be based on your property’s Open Market Value, others may be more restrictive using 180 or 90-day values.

4. Flexible Products. There are a range of lenders in this market which means that in most cases there is a product that will work for you.

5. Equitable Charge Loans. Lending is available even when consent has been refused by the first charge lender.

6. Director’s Main Residence. Lending against a director’s residence or other property assets in their personal name is possible.

7. Easy Application Process. As your broker Atlas can take you through the process and with some lenders there is no need for an application form.

8. Quick Offers.  Usually we start to get offers the same day albeit for more complex cases it can take longer.  We will act as quickly as possible to get you an offer.



If you want to find out more or have proposal, please call David on 07941 620905 or send an email to david@atlascredit.co.uk.





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