Bridging Loans for Automotive | Spark Finance
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Bridging Loans for Automotive

Specialist bridging loans for car dealerships, garages, and automotive businesses across the UK. We compare 100+ lenders to find the most competitive rates and terms for your sector.

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Common uses of bridging loans for Automotive Businesses

Automotive Businesses use bridging loans to fund a wide range of business needs.

stock finance

equipment

premises

working capital

About Bridging Loans

Bridging loans provide fast, short-term funding secured against property. They are ideal when you need to act quickly - such as purchasing at auction, completing a chain-free transaction, or funding a refurbishment before refinancing.

Bridging Loans for Automotive - by location

LondonManchesterLiverpoolStockportOldhamRochdaleWarringtonLeeds

Frequently asked questions

What security do I need for a bridging loan?

Bridging loans are secured against property - residential, commercial, semi-commercial, or land. Most lenders lend up to 70-75% LTV, with some specialist lenders going higher in certain situations.

How are bridging loan interest rates charged?

Bridging loans are typically charged on a monthly basis (e.g. 0.5-1.5% per month) rather than an annual rate, reflecting the short-term nature of the lending. Interest can often be rolled up into the loan so there are no monthly payments.

What happens at the end of a bridging loan?

At the end of the term, you repay the full amount (original loan + rolled-up interest) via your exit route - typically property sale, refinance to a term mortgage, or completion of another transaction.

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