The Benefits of Bridging Finance at Onate
Bridging finance, especially in the context provided by Onate in the Irish property market, provides numerous advantages. It not only supports the acquisition and development of properties but also contributes significantly to local communities and the broader housing market.
Here's a summary of these benefits:
Speed of Access to Funds: Onate's bridging finance enables rapid access to capital, allowing investors and developers to quickly seize property opportunities before they disappear.
Flexibility: Tailored loan terms, including repayment schedules and no early repayment penalties after 90 days, provide borrowers with the flexibility needed to manage their investments efficiently.
Overcoming Complexities: Onate specialises in handling properties that may be vacant and need refurbishment, unlocking potential where traditional banks hesitate.
Enabling Property Improvements: Provides the necessary funds to renovate or complete properties, enhancing their value and making them more attractive for long-term financing or rental opportunities.
Supporting Social Housing: Facilitates the renovation and repurposing of properties for social housing, contributing positively to local communities and addressing the current housing shortages.
Auction Purchase Opportunities: Empowers investors to participate in property auctions with confidence, expanding the pool of potential buyers beyond cash-rich individuals or entities.
Community Impact: By financing projects that include social housing, Onate plays a role in creating positive community impacts, providing homes, and enhancing local areas. This assists with vacant properties being brought back into the rental market.
Bridging to Permanent Financing: Acts as a bridge to more permanent financing solutions, helping clients transition smoothly from initial acquisition to stable, long-term investment structures.
Market Dynamism: Supports a more dynamic and accessible property market by enabling a wider array of participants to engage in property development and investment activities.
In summary, Onate's approach to bridging finance in Ireland is not just about providing short-term financial solutions; it's about developing long-lasting relationships with our borrowers to help them achieve their goals in the property market.
For more information, please contact: John Ring | john@onate.com | 0878305276 or Michael Gavin | michael@onate.com | 0851454200 🚀
