The Pros and Cons of Both Options

 If you’re looking to kickstart a property development project, consider whether your options are bridging finance or a development loan. Bridging finance and development loans both help fund property developments. However, they’re used in different ways and work in slightly different ways. Learn more about how they compare below so you can determine which might be right for your project. 

Whether you want to renovate a home into new apartments or build from scratch on an empty lot, you’ll likely need outside funding. When that financing is essential for any number of reasons—from paying contractors to purchasing materials—developers have two main options available: bridging finance and development loans. 

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