Alternative Bridging Corporation has enhanced its commercial bridging proposition with a series of updates aimed at delivering greater flexibility and borrower leverage across a broader range of property transactions.
The specialist lender now offers commercial bridging loans of up to 70% loan-to-value (LTV), calculated on open market value with vacant possession. The move is intended to support brokers in arranging higher leverage deals for clients looking to acquire, refinance or reposition commercial assets.
The lender has also introduced stepped rates, allowing borrowers to manage interest costs more effectively across the loan term.
According to the lender, the changes are part of its strategy to support brokers in aligning finance with their clients’ strategic goals, and to respond more dynamically to changing market demands.
Stephen Meller (pictured), director at Alternative Bridging Corporation, said the update reflected the firm’s ongoing commitment to practical, experience-led lending.
“We’ve enhanced our commercial bridging range to provide more opportunities to secure the right funding solution for their commercial clients,” he said.
“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.”
