Bridge or bridging finance loans as they are commonly known offer the applicant bridging finance of 80% of the value of the net surplus proceeds of their transaction. If the bridge loan is large then initiation fees can actually be negotiated and maybe discounted to the applicant. The low cost bridge loan applications are easy to apply for online and often come with a same day payout. Borrowers can be confident in knowing that they will get the best available service protected by the lending and credit laws of South Africa.
Bridging finance is offered to property sellers, property buyers, bond switchers and estate agents that are involved in property transactions. Bridge loan application forms can be downloaded or online forms can be filled in and submitted from a pc anywhere there is an internet connection available. If you have finance coming your way and you are looking for a loan to help see you through until the money comes in then bridging finance loans are probably your best option.