Bridging Loan Singapore

Welcome to Market Bridge Solutions

At Market Bridge Solutions we provide a range of fast and flexible bridging loans to all our Singaporean intermediaries and clients. We provide bespoke bridging finance to our clients in a prompt and professional manner – ensuring you have got the capital required to fund the acquisition, re-financing or refurbishment of property.

In Singapore we provide bridging loans to corporate customers and private individuals who are Accredited Investors* as defined under Section 4A(1)(a) of the Securities and Futures Act (Cap. 289). We understand that no two bridging loan deals are ever the same; we will always go above and beyond to identify the terms that suit your requirements. Our application process is simple, just get in contact with us to start the process.

With a strong track record of delivering results to our clients, you can be rest assured that our professional team will be able to identify and understand your specific requirements. The vast experience we have when it comes to dealing with bridging loans in Singapore & UK, coupled with our tenacity, allow us to provide the best possible service to every single client that we serve.

Note*: An accredited investor is an individual, (a) whose net personal assets exceed in value S$2 million (or its equivalent in a foreign currency); or (b) whose financial assets (net of any related liabilities) exceed in value S$1 million (or its equivalent in a foreign currency); or (c) whose income in the preceding 12 months is not less than S$300,000 (or its equivalent in a foreign currency).

Use of Bridging

Bridging finance has a variety of uses when it comes to purchasing and refurbishing property.

Here are a few examples of the common uses of bridging loans in Singapore that we put in place for our clients:

Purchasing property from an auction
In order to complete a purchase from an auction, the buyer must pay for the property within a certain timeframe. Obtaining a mortgage from a high street lender is often impossible under such strict time constraints, therefore a bridging loan is the ideal way to raise the finance required quickly, ensuring you adhere to the auction time scales.

Broken chains
If a buyer pulls out of purchasing your property at the last minute, it can leave your own commercial objective in jeopardy. Arranging bridging finance means you can continue with your acquisition and provides you with extra time to sell your own asset.

Buy-to-let landlords adding to their portfolio
If you are keen to add a new property to your portfolio, but you do not want to miss the opportunity whilst your bank approves your application, bridging finance is the perfect solution. Bridging loans allow you to raise large sums of cash, fast – without going through a lengthy application process.

Property investors
If you are a property investor applying for a loan, it can take a long time if you do not have the funds ready to purchase a property outright. With our bridging finance you can purchase the property you have in mind promptly, while making other arrangements for the long-term financing of the asset.

Renovation Projects
If you are looking to purchase an investment property in Singapore to develop or renovate in order to sell on, a bridging loan can help you. Most institutional mortgage lenders require property to be in a “habitable” condition before granting the loan. Bridging finance buys you time to renovate the property to a standard where lenders will be happy to fund your purchase.

Benefits of Bridging Loans

What are bridging loans?

A bridging loan is a relatively short-term form of finance, designed to help you secure your chosen Singaporean property or land as promptly as possible. To that end, our bridging finance application is brief, and a decision on whether or not to approve your finance is usually granted within two to three working days.

Bridging loans allow you to capitalise on time sensitive opportunities, without having to endure the lengthy financial application process put in place by most mainstream lenders.

The benefits are:

You have the ability to raise more capital by securing the debt against any existing property assets in your portfolio.
It is the perfect financial product to use in order to renovate or refurbish a property to a standard where a lender will approve your mortgage application.
You borrow against the value of the property, not the purchase price.

Bridging Loan Application Process

At Market Bridge Solutions we believe that bridging loans should not be a complex and time-consuming procedure. By keeping the process simple, we are able to offer a swift and seamless service, with the highest professional standards to every client.

Bridging loans allow you to capitalise on time sensitive opportunities without having to endure lengthy finance application processes put in place by most mainstream lenders. Acting as a wholesale lender, we cut out red tape and move the request forward in the most efficient manner.

Step 1: Loan enquiry and indicative terms

Once the loan enquiry is received, indicative terms are provided with full transparency from the start.

Step 2: Decision in Principle (DIP) issued

This is where we do an in-depth analysis of the client and their requirements and provide a decision in principle (DIP).

Step 3: Valuation instructed

Valuers are instructed to visit the property or properties in question. This is what allows us to confirm the terms detailed on the DIP.

Step 4: Lawyers issue legal paperwork

The lawyers will do all the necessary paperwork for both us and the client to progress the case.

Step 5: Loan drawn down

We are able to provide funds in as little as three days, depending on the circumstances.

Request a Bridging Loan from Singapore

STEP 1

Are you based in Singapore? Simply take a look through the range of bridging loans we provide and call us if you require a bespoke product not offered on our website.

STEP 2

Talk to us! You can send us a message via our contact form, or you can call our office in order to talk to one of our trained advisors. We will be glad to tell you a little more about who we are and what we can do, as well as how we can assist you with your short term funding requirements.

STEP 3

We will ask you to complete an application form for your bridging loan. Once we have received this, we will start the process of valuing the property you are borrowing against, while instructing our lawyers to draw up the paperwork for the funding.

STEP 4

Once the legal process has been completed, we will disburse the bridging finance directly to your solicitors for your immediate use.