- Borrowers must be over the age of 18, and some lenders have an upper age limit.
- For a business bridging loan, you must own a private individual or limited company.
- Borrowers must have one or more properties that can be used as security against the loan.
- You must live in the Uk or have a registered address in the UK.
- Want to borrow at least £10,000.
- Another important thing is an exit strategy. A borrower must have a defined exit plan to repay the loan amount.
