Short-term bridging finance solutions whatever the situation!
Whatever your customers’ needs, we have access to a wide range of bridging products from an extensive panel of lenders. Clever should be your first port of call if your customer is looking for bridging finance. Situations where we can help include:
Can people with bad credit and take out a bridging loan?
The simple answer is yes! We help people do just that. One customer was able to:
Secure a bridging loan of almost £600,000 over a 12-month term to improve his financial situation
Receive the required funding on the same day
Sell his property to buy a smaller home and pay back his arrears to the original lender
This customer’s remortgage case was passed to us after his existing lender refused to grant him a second charge. This was due to existing adverse in the form of missed mortgage payments. He was also struggling for a regular remortgage due to the loan amount, his age and existing issues within his business.
We took over this case and worked closely with the customer to match him to another lender which was happy to provide the required funding and the loan was paid to the him on the same day.
This meant the customer could gain control of his financial situation, using the bridging loan to clear his existing arrears with the original lender. The customer was then able to sell his property and downsize, making his finances more manageable going forward.
6 Great Reasons to Choose Clever Lending
In-house regulated bridging advice
We have a dedicated team of qualified specialists who are ready to discuss your regulated bridging advice enquiries
Competitive rates on bridging loans with 100% LTV available with added security
Hundreds of products
First, second and third charge bridging loans available from £25,000 with terms from 1 month to 24 months
Staged release on development
Borrowers can secure renovation funds for various stages of their property renovations
No exit or legal fees
We can offer bridging loans with no exit fees for flexibility of the investment plan
Manage all enquiries online
Manage all bridging enquiries at any time from any device using Clever+
Why use a specialist distributer?
Gone are the days of a ‘computer says no’ process when it comes to lending. You will have customers in a wide range of circumstances who need finance and the best solution may not be immediately obvious.
That’s where we step in. We can help by:
- Reviewing cases thoroughly and sourcing the most appropriate lender and product for each customer – giving you more time to deal with the more straightforward applications
- Turning your applications around quicker. From completing the fact-find, to collating documents, we can free up your time so you can concentrate on helping more customers
- Providing recommendations to your customers and being responsible for any advice we give
- Improving your customer relationships by ensuring they receive appropriate advice in specialist areas from product experts. This will ensure we offer solutions that best meet their needs
- Giving you access to products from a large panel of lenders – some of which you may not be able to access elsewhere
About Clever Lending
We will do everything we can to ensure your cases complete and provide your customers with the most suitable products for their individual circumstances. We provide:
- Expert product knowledge on the latest products with some of the lowest rates on the market
- A flexible service working either with you on a case or dealing with customers directly – whichever you prefer
- Competitive commission rates
- A fully compliant service with clear audit trails helping you with any regulatory obligations