Brilliant Solutions

The internet is down in our Head Office.  Staff continue to answer the phone and respond to messages but understandably response times and service standards are affected.  Please contact your Relationship Manager directly if you have any urgent issues.  Thank you.

Our office will be closed from 5pm Thursday, 20th October to 9am Friday, 21st October.
If you have any cases or enquiries that this may affect, please contact our team today. We apologise for any inconvenience.

We are currently experiencing some technical issues that are affecting our telephone lines and internet connection.

We hope to resolve this asap. Apologies for the inconvenience.

 

In honour of Her Majesty Queen Elizabeth II our offices will be closed on Monday 19th September while our staff pay their respects.

The office will re-open at 9am on Tuesday 20th September.

Bridging» Revolving Credit Facility

Revolving Credit Facility

AKA a Property 'Hunter's Licence'

Find out what a revolving credit facility could do for your landlord and property investor clients.

A great facility for property developers and auction purchases.

Have funds in place when going to auctions or wanting to snap up a property quickly.  Funds can be transferred as quickly as 48 hours after submitting a draw down form to the lender. 

Just pay interest on the amount draw down which, as with bridging, is all paid for from day 1. Drawdown what you need for a purchase, then draw down what you need as and when for additional works to the property or even another property. Saves interest costs.

The facility can be reused, just a new valuation needed on security property every 12-24 months.   No need for valuation costs on new purchases saving your client money. 

No fees for not drawing down any funds during the term. No exit fees either. 

If securing on an investment property or business premises, have 75% net funds available with the serviced option. Rental income can cover monthly payments giving your client access to more funds. 

Revolving Credit Details

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