Alternative Bridging Corporation has enhanced its commercial bridging proposition to support a wider range of property transactions.
As part of this update, Alternative Bridging now offers commercial bridging loans of up to 70% loan-to-value (LTV), based on open market value (OMV) with vacant possession – enabling brokers greater flexibility to secure greater leverage for their clients.
Stephen Meller (pictured), director at Alternative Bridging Corporation, said: “We’ve enhanced our commercial bridging range to provide more opportunities to secure the right funding solution for their commercial clients.
“The increased maximum LTV gives borrowers greater capacity to realise their plans.
“It’s part of our ongoing focus on listening to the market and delivering practical lending solutions that work.”
