Frequently Asked Questions
What is a bridging loan exit strategy?
An exit strategy is the way you will eventually repay your bridging loan. A strong “exit strategy” is vital in order to successfully apply for a bridging loan or development loan.
These types of finance are short term by design and so you need a way of paying them back, all in one go. Having a solid and realistic exit strategy will help to get the lenders on your side.
The exit strategy should be realistic and credible enough to convince lenders that it can reliably be used to repay the bridging loan. At the end of the loan term, you are expected to repay the bridging loan in full, including any fees and accrued interest.
[block id=”faq-page-bottom-section”]