Bridging loans are a form of secured borrowing. This means that the loan provider will take a ‘charge’ against the value of either the new property (if the loan is to bridge the gap between a purchase ...
There are two main types of bridging loan; a ‘closed bridge’ and an ‘open bridge’, and each have key differences says David Kinane, partner at Paxton Private Finance. A ‘closed bridge’ is a loan where ...
Jody McDonald is a freelance writer based in Brisbane who specialises in writing about business, technology and the future of work. She’s helped a range of SaaS platforms and tech companies share ...