Auction finance is simply another term for bridging or short term finance. It is used to purchase properties at auction because it can be arranged extremely quickly and fits neatly into the purchasing timescales of the auction houses. Some lenders will provide up tom 100% finance against assets to allow you to have a rolling facility and bid with the confidence that you have the money in place.
The team at Sardison Capital have been helping business owners to raise finance for over 10 years. Get in touch with the team today to see how we can help you.
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