Bridging Finance

London

Steve Palfreeman

Contact via email steve.palfreeman@allica.bank.

North England

Ashley Bailey

Contact via email ashley.bailey@allica.bank.

Home Counties

Andy Reeder

Contact via email andy.reeder@allica.bank.

Scotland

Scott McClymont

Contact via email scott.mcclymont@allica.bank.

Midlands and North

Anthony Gorman

Contact via email anthony.gorman@allica.bank.

Wales and South West

Emma Jones

Contact via email emma.jones@allica.bank.

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¹ This offer applies to new bridging finance applications received between the 1 June 2026 and the 30 September 2026 and completed by the 31 October 2026. Re-submissions of previously submitted applications, further advances or investment loans will not be eligible. If your loan completes by 31 October 2026 you will qualify for 0.25% cashback of the loan amount, excluding any fees. Offer is subject to standard lending criteria and approval. Cashback will be paid by the end of the second month after drawdown, straight into the borrower’s nominated UK bank account. This promotion may be withdrawn or amended at any time in exceptional circumstances. Any such change will not affect eligible applications submitted before the effective time of the change.

² Maximum loan size can be higher on a case-by-case basis.

What is a business current account?

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How do I open a business current account with Allica Bank?

What do I need to open an Allica Bank business current account?

How do I switch a business current account to Allica?

How can I contact my relationship manager?

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Criteria	Description
Loan size	£150,000 to £15 million
Repayment type	5-year interest only 5-year partially amortising
Arrangement fee	2.0%
Debt service cover	Commercial: 130% Semi-commercial: 120% Repayment cover calculated at pay rate for fixed rate mortgages and pay rate plus 2% for variable rates.
Early repayment charges	5 year fixed: 5%, 4%, 3%, 2%, 1% (years 1–5) Variable: 3% for the first 5 years

Criteria	Description
Loan size	£150,000 to £10 million
Repayment type	30 year capital & interest 5-year interest-only available at the start of the loan term for loans up to 75% LTV
Arrangement fee	1.5%
Debt service cover	130% Calculated on the rate not including the current account discount Repayment cover calculated at pay rate for fixed rate mortgages and pay rate plus 2% for variable rates
Early repayment charges	5 year fixed: 5%, 4%, 3%, 2%, 1% (years 1–5) Variable: 3% for the first 5 years
Owner-occupied hotels	Loans over 80% of VP value must be fully amortising from day one Personal guarantee to be given for any amount in excess of 70% of VP value

Criteria	Description
Loan size	£200,000 to £15 million
Repayment type	5-year interest only
Arrangement fee	2.0%
Interest cover	130% standard, 145% higher rate taxpayer Gross rent used for residential/ MUFB applications if; evidence of 3 months' loan repayments in cash via bank statements and one UBO/director with Experian Consumer score of 881+ plus a supporting personal guarantee. Otherwise we will use net rent assumption of gross rent minus 10%. HMO properties will always be assessed using gross rent minus 25%
Early repayment charges	5%, 4%, 3%, 2%, 1% (years 1–5)

Criteria	Description
Loan size	£500,000 to £15 million £5 million maximum loan for first time buyers
Repayment type	Capital and interest Experienced operators: 30 years First time operators: 20 years
Arrangement fee	1.5%
Debt service cover	130% adjusted EBITDA for children’s nurseries and experienced care operators 150% adjusted EBITDA for care first-time buyers Repayment cover calculated at pay rate for fixed rate mortgages and pay rate plus 2% for variable rates
Minimum size	Care homes: 20 bedrooms Specialist care: 4 bedrooms, if one or two properties, and flexible if there are three or more properties Children's nurseries: 40 places
Early repayment charges	5 year fixed: 5%, 4%, 3%, 2%, 1% (years 1–5) Variable: 3% for the first 5 years
Specialist care operators	Children’s learning disability care Adult learning disability residential care Adult supported living Minimum of three years as a specialist care home owner-operator required

Criteria	Description
Loan size	£150,000 to £10 million
Maximum loan to value	75% for residential and semi-commercial properties, 70% for commercial
Term	Up to 24 months
Fees	Arrangement fee of 2%, deducted from advance
Borrowers	UK registered limited companies, LLPs, partnerships and sole traders
Security	First legal charge over freehold or long leasehold title(s)
Insurance	Title insurance and search indemnity applied where possible
Valuations	AVMs and desktop valuations available up to 70%
Interest	Retained or serviced

Fast and flexible short-term property finance.

Funding that scales with your ambition

Borrow more against what you own

Short-term finance on your terms

Get a dedicated relationship manager

Limited time offer

Bridging finance cashback offer

Our bridging products

Residential

Commercial and semi-commercial

Bridge-to-term

Refurbishment

Get in touch

Fast-track your application

See the difference a better bank can make.

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This pub is investing its extra interest back into improving its beer garden

This pub is investing its extra interest back into improving its beer garden

This pub is investing its extra interest back into improving its beer garden

This pub is investing its extra interest back into improving its beer garden

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