Shortlisted at the Business Money Fact Awards
Amplo Commercial Finance are delighted to announce that they have been shortlisted at the Business Money Fact Awards 2021 for not one but two categories!
The team are finalists for Bridging Finance Introducer of the Year and Asset Finance Broker of the Year.
Amplo have been shortlisted against some other great brokers and we wish all the nominees the best of luck.
The winner will be announced on the 28th of April 2022 at the Business Moneyfacts Awards ceremony.
What is Bridging Finance?
Bridging loans are a form of fast, flexible short-term lending, usually for a periods up to of 12 months. The finance can be used to “bridge” the gap in your finances until either a long-term financing solution can be put in place or alternative funds are received from another source, for example the sale of a property.
A Bridging Loan can be used in many situations, typically these are:
- To purchase a property or refinance quickly
- To purchase a property at auction
- To purchase a property that is potentially un-mortgageable
- To purchase a property before your current property has sold in order to not break the chain
- To fund a property refurbishment
- And much more!
What is Asset Finance?
Asset Finance is a type of lending that allows you to acquire assets that your business needs. The three types of asset finance is Hire Purchase, Leasing and Asset Refinance.
The types of assets can range from small assets such as IT hardware and software, telephones, security equipment to heavy machinery, commercial vehicles and renewable energy sources such as solar panels and wind turbines.
If you have any questions about bridging or asset finance or would like to enquire about applying for finance, speak to the Amplo Commercial Finance team today. Call us on 01270 443510 or alternatively, complete their enquiry form and they will be in touch with you as soon as possible.