How long it takes to get a bridging loan?
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ibrahim
Apprentice
Joined: 12 Aug 2005
Posts: 2
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 Posted: 04/04/09 - 05:39 Post subject: |
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| I’ve decided to take a loan, I need it to start a business with my brother and I thought that I have all necessary resources, but it seems that I’ve miscalculated something. Now, I believe that repaying the loan is not going to be a problem, so people suggested me to get that bridging loan. Only question is - will I have time to do that? How long does it take to get a bridging loan? |
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giles
Apprentice
Joined: 21 Dec 2004
Posts: 7
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| Posted: 05/04/09 - 01:18 Post subject: |
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| I don’t think that it takes too long. The shortest repaying period is, if I’m not mistaken, two weeks, it is rather short period so, logically, the loan itself should not take too long to get. I was thinking about that loan, too. It seems like the best offer, when you compare it to all the other types of borrowing, this one creates the smallest number of problems. But if repaying is not an issue, of course. |
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