BridgeCrowd is a crowdfunding platform which has emerged as a major competitor to the traditional bridging loan providers of years gone by. Each individual loan is considered on its own merits using strict criteria which take into account the borrower’s ability to repay capital and interest, asset security with a maximum LTV of 70% and at least one exit strategy (generally the sale of property or refinancing). However, it is the use of UK property as security against borrowings which is central to any transaction.
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