Alternative Bridging Corporation, or ABC, is a UK-based lender founded in 1992, specialising in short-term bridging finance.

ABC has a simple application process, quick completion time, as well as excellent customer service.

In this review, I will take a closer look at ABC, detailing their loan’s key features, eligibility criteria, application process, rates and reviews to help you decide whether it is the right lender for your needs. I will particularly focus on their bridging loan products.

Visit Website
  • Rates
  • Range of Finance Options
  • Maximum Loan Size
  • Application Process
  • Customer Support
ABC Review

Alternative Bridging Corporation: Bridging Loans Overview

ABC offers a range of unregulated bridging loans from £200,000 to £3,500,000 for residential and commercial needs.

These short-term financing options can be used to quickly secure property purchases, fund refurbishments, raise capital, or refinance existing loans.

Key Features Include

  • Bridging loans from £200,000 up to £3,500,000, with up to 70% LTV available
  • Rates start from 1.05% per month for terms up to 24 months
  • 1st and 2nd charge available
  • No proof of income is required
  • Most property types are accepted as securities
  • Quick access to funds with the entire loan available upfront
  • No upfront fee

ABC has a great reputation. Their whole process is quick and easy, and very few customers seem to complain about the quality of service or the completion speed.

What are the Eligibility Criteria for an Alternative Bridging Corporation Loan?

Borrower’s Requirements

Accepted BorrowersIndividuals, partnerships, LTDs, LLPs, Offshore companies
Min. Age18
Max. Age
LocationEngland, Scotland & Wales
Adverse Credit Considered

Loan Requirements

Min. Amount£200.000
Max. Amount£3,500,000
Loan Term3 – 24 Months
Max. LTV70%
Excluded Residential PropertiesNon-conforming, remote or unusual properties, ex-local authority flats, dilapidated properties
Excluded Commercial PropertiesCinemas, trading filling stations, garages, public houses, bars & night clubs, farms, stables, kennels, dilapidated properties

Application Process for Alternative Bridging Corporation

Applying for a bridging loan with ABC is pretty standard. It starts with filling out their quick enquiry form.

abc form

Once you’ve submitted your enquiry, ABC’s team will get in touch to discuss the next steps with you.

ABC then instructs valuers and solicitors to start work and issues a Formal Mortgage Offer (FMO), leading to completion and funds release.

The front-end process is quick and straightforward, with minimal information needed upfront. More due diligence comes before the formal approval.

Alternative Bridging Corporation Rates

Here are the ABC bridging loan rates for 2023.

1st Charge Rates

Loan TypeRates FromMax. LTVAmountTermApply
⚖️ Regulated Bridging1.15%70%£250K – £2M3 – 12 MonthsMore Info
Residential Bridging1.05%70%£200K – £2M3 – 24 MonthsMore Info
Commercial Bridging1.15%65%£200K – £3.5M3 – 24 MonthsMore Info
Light Refurbishment1.05%70%£250K – £3.5M3 – 24 MonthsMore Info

2nd Charge Rates

Loan TypeRates FromMax. LTVAmountTerm
⚖️ Regulated Bridging1.20%65%£250K – £2M3 – 12 Months
Residential Bridging1.10%65%£200K – £2M3 – 24 Months
Commercial Bridging
Light Refurbishment

Alternative Bridging Corporation Reviews & Ratings

abc reviews

Overall, ABC receives very positive reviews, earning a ‘Great’ TrustScore of 3.8 out of 5 on Trustpilot and 4.8 on Google Reviews out of more than 50 reviews.

The majority of reviews rate ABC 5 stars. Customers praise the quick application process and completion time, as well as the staff’s helpfulness.

The negative reviews mainly relate to issues with payments and the unclarity of certain terms and fees. However, negative reviews seem limited compared to the overwhelming positive feedback.

In summary, Reviews indicate high customer satisfaction with ABC’s lending services, owing to fast processing, and helpful staff. While a minority of customers have faced challenges, my overall sentiment toward ABC is very favourable.

Compare bridging loans

Save time and money with Business Expert & Fluent Bridging

Quick Search – Compare bridging loan criteria in real time

Easy Process – Answer a few quick questions about your loan needs

Expert Support – Get access to our partner’s in-house advisers

Alternative Bridging FAQs

Who is eligible for bridging loans from Alternative Bridging Corporation?

The eligibility criteria for these bridging loans are quite inclusive. Individuals, partnerships, Limited Companies (LTDs), Limited Liability Partnerships (LLPs), and Offshore companies are among the accepted borrowers. The minimum age for applicants is 18.

What is the application process for bridging loans at Alternative Bridging Corporation?

Has Alternative Bridging Corporation made any recent changes to its loan rates?

What are some other financial products offered by Alternative Bridging Corporation?