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Specifics
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Open Bridging Loan
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Open bridging loans are more flexible and most suitable for people who are uncertain about when their finance will be available.
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Closed Bridging Loan
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A closed bridging loan is a form of finance where the borrower has a clear and credible repayment plan or exit strategy in place.
Can i get it?
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Depending on up front contribution from the business
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The credit profile of the business
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The strength of the asset
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The exit strategy
Benefits
Quick acceptance turnaround
Large amounts
Flexible borrowing
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