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What is the difference between a bridging loan and development finance?

A bridging loan is short-term finance, usually up to 24 months, often used to buy, refinance or refurbish quickly. Development finance funds the build or conversion itself and is usually drawn in stages against a cost plan.

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Positive Commercial Finance is a trading name of Business Financial Solutions Limited. Registered in England & Wales 06451075. Registered office address Fourth Floor, Unit 5B, The Parklands, Lostock, Bolton, BL6 4SD. Authorised and regulated by the Financial Conduct Authority (716012). Full members of the NACFB and FIBA. ICO registration reference Z1196910.

Business Financial Solutions Limited is an authorised credit broker and not a lender. We work with a panel of lenders who will typically pay us a commission. This amount varies between lenders.

Positive Commercial Finance — independent FCA-regulated brokers for UK bridging loans, development finance and commercial mortgages. No upfront broker fee. FRN 716012.

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