Secured loans and bridging finance explained and apply online

How a secured loan works

The dictionary definition of 'loan' is 'something passed from one to another for temporary use. It has to be given back'. In financial terms it is ' money or currency lent from one to another which has to be paid back with interest. The dictionary definition of 'secured' is 'free from risk of losses - so a concise dictionary definition of 'secured loans' is ' money lent that lender is free from risk of loss'.

The popular security when it comes to borrowing money is a house, property or land. If you default on payments, the lender is quite within his or her rights, through a civil court, to obtain the title deeds to your property or estate. So in essence, you could lose your assets if you fail to make payments on any secured loans.

Your repayments depend on the amount you lend and the length of the repayment term. The longer you plan, the smaller monthly payments you make, however in the long run, you do pay more in interest. If you do not keep up your repayments, you are at risk of losing whatever was secured against the loan.

This type of financing through conventional methods such as banks and building societies has set repayment lengths usually 3 to 5 years. If you try to clear the debt before this time, there are early payment penalties, so the institutes you have used will invariably always get the majority of their interest charges. We offer a short term secured loan which you can choose to repay anywhere between 1 and 12 months. This can save you literally thousands in interest charges. It is possible to apply for one of these plans online. You are not obliged to follow through after you have had a decision returned.

Finding a secured loan

I'm sure you have noticed, there are literally thousands of websites in the U.K. alone offering secured loans. Most of these are known as brokers. A broker doesn't actually give you the advance himself. He lets you fill out one application form, then approaches the actual lenders on your behalf. Brokers often charge an up front fee, which is non returnable, even if he is unsuccessful. Alternatively, if he is successful in finding you a suitable deal, he receives a kickback from the actual lending institute itself.

Quick and easy are not brokers. We are actual lenders. You do not have to pay a brokers fee, nor is your interest charges topped up with a brokers kickback. You can apply online directly to us, cutting out the middleman and make a saving before you actually start.

How our secured short term bridging loans work

All you have to do is simply filling out the online application form, request us to contact you, or give us a call. We can give you a decision in principle within minutes. We understand that you may not want to be locked into a 3 or 5 year repayment plan, so we can organise short term finance for you anywhere between 1 and 12 months. Your loan will be secured against property or land. We lend based on the current value of your property, not what you paid for the property and bad or adverse credit history is not a problem. Once you agree an amount, term of repayment we can have the money in your account by bank transfer within 48 hours, or we can post you a cheque. 'Quick and Easy' really make it quick and easy.

We only do bridging loans which are secured against property and repayable anywhere between 1 and 12 months with no early repayment penalties.

For whatever reason

Whether you have not sold your house, but have found a new property and need a cash advance for the deposit, you are a builder that has come up short in a property you are building, or are due a cash payout, we do not judge. We take into account the current value of your property, not your credit history and are not prejudice on reasons for borrowing. The majority of our new clients, for whatever reason, are suffering from a bad or poor credit rating. This needn't be a hinderance. We secure on the future, not on the past. We do not discuss or disclose your details to third parties. We are professional, polite and helpful. We look forward to helping you at this time, just send us an email or use the other contact options.