Second charge commercial bridging loans

Get fast, short-term access to the capital you need to complete your projects.

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TAB. Trust. Transparency.

1. Efficient and flexible service

2. Terms from 1 to 24 months

3. LTVs up to 70% 

4. No exit fees

5. Over 25 years of lending experience

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Commercial loans

TAB’s second charge commercial loans are secured against UK commercial properties. Second charge loans allow you to borrow money on a second charge legal basis. This means that you can take another loan out on a property providing there is enough equity to pay your existing first charge, and the second charge loan. Second charge loans are often used for the redevelopment of existing properties, the purchase of an investment property or even business expansion. 

Our experience means we can be flexible with our valuations and consider projects that more traditional lenders would not. We pride ourselves on trust and transparency. TAB lends directly to borrowers and through intermediaries. We offer loans up to 70% of the valuation of your project, including the cost of borrowing.

TAB loans are unregulated. Any property used as security is at risk of repossession if you do not keep up with your payments.

Second charge commercial loan product details

Interest rate:
From 0.95% pm
Minimum loan:
£ 100,000
Maximum loan:
£ 5,000,000
LTV
Up to 70%
Term:
Maximum 24 months
Exit fee:
None

Other charges may apply

How it works

Borrower applies

Following an initial enquiry, borrowers apply for a loan through our application process.

Decision made

Our team undertakes their due diligence and underwriting process on the borrower and the security property. Terms are then agreed.

Perfect match

The loan is then matched with investors on the TAB platform. Funds are typically available within just 14 days.

Make an enquiry

Feefo review

Case studies

1410 - Rotherham, Yorkshire
The client required a £352,000 first charge commercial loan to purchase two commercial warehouses for the clients’ business to occupy. The client will refinance to a commercial mortgage once company accounts have been submitted as his exit strategy. The client needed to complete quickly and TAB provided the loan at... ..
970 - Hackney, London
The client required a second charge residential loan of £380,000 for 12 months to refinance an existing bridge allowing sufficient time to establish an exit plan. A condition attached to the exit, in this case, waws that the property must be marketed by month six of the term to allow... ..
912 - Clerkenwell, London
The client required a £220,000 second charge residential loan to raise capital. The property used as security was a recently renovated property that is to be refinanced to Kent Reliance. Due to current market conditions, there was a delay on refinancing which is why the client required a bridge. The... ..

Our team

TAB knows the value of keeping things simple and transparent for everyone. Whatever the size or scope of your plans, our expert team of underwriters, business development managers, and an in-house legal team are here to help with your requirements. Book a meeting with one of our team today.

Duncan Kreeger

Founder and CEO

Nick Russell

Sales Director

Eli Korman

Chief Investment Officer and Head of Development Finance

Bethan Jones

Business Development Manager

Danny Scoltock

Head of Underwriting

Find out more

Meet the rest of the team

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Frequently asked questions

TAB’s second charge commercial bridging loans are secured against UK commercial properties. Second charge bridging loans allow you to borrow money on a second charge legal basis. This means that you can take another loan out on a property providing there is enough equity to pay your existing first charge, and the second charge loan. Second charge loans are often used for the redevelopment of existing commercial properties, the purchase of a commercial investment property or even business expansion.

Borrowers apply for a loan through our application process following an initial enquiry with a member of our sales team. Our team will then undertake due diligence and underwriting process on the borrower and the property that is being listed as security. The terms are then agreed and we match the loan with investors on the TAB platform.

Second charge commercial bridging finance is typically used for development or construction and building purposes, development of existing properties, capital raising, facilitating expansion plans and even the purchase of an investment property.

TAB's second charge commercial bridging loans have a loan to value (LTV) rate of up to 70% of the value of your project, including the cost of borrowing and the interest rate charged is from 0.95% per month. There are no exit fees and we offer loans for up to 24 months. 

For more information you can view our full list of frequently asked questions here.