Alternative Bridging Corporation
A long-established principal lender writing bridging from 0.75 per cent a month and development finance to around £4m a facility, with a same-day decision in principle.
What they do
Alternative Bridging Corporation lends its own money alongside a committed wholesale facility from Quilam Capital of £70m, extendable to £150m, a relationship running twelve years. Products cover residential and commercial bridging, development finance priced at six and a half to seven and a half per cent over base depending on leverage, and an unusual revolving alternative overdraft secured on property. Facilities cap at £4m each, with more available by structuring across several. A decision in principle comes the same day, and a recent £1.2m case completed in twenty working days.
Where they fit in a lower-mid-market raise
The alternative overdraft is the product worth knowing: a property-secured revolving line that a company can draw and repay, which behaves like working capital rather than a bridge. For a business with property and a lumpy cash cycle, that is a different instrument from anything a bridging lender normally offers. Coverage extends to Scotland as well as England and Wales.
Where they are not the fit
Facilities cap at £4m each, so a larger requirement needs several structured together and a conversation about whether the lender will go there. Northern Ireland coverage is not confirmed. Commercial development requires adequate pre-lets, and the higher-leverage development product is restricted to experienced developers.
Published terms
- Pricing
- Bridging from 0.75% p/m residential, 0.85% p/m commercial; development finance at BOEBR +6.5-7.5% depending on loan to gross development value; stepped rates available on commercial bridging; 1% exit fee on development loans
- Speed to terms
- Same-day decision in principle; £1.2m deal completed in 20 working days total (10 days from valuation)
- Sponsored or sponsorless
- Corporate and individual property investors/developers; no sponsor/private equity focus
- Where they lend
- England, Scotland and Wales; Northern Ireland not confirmed
- How they decide
- Principal lender with in-house underwriting authority; same-day decision in principle stated; broker-intermediated distribution via named regional BDMs. Authority is delegated below committee on at least part of the book
As published by the lender and last reviewed August 2026. Terms quoted on a deal are set by the credit, not by a published band.
The desks that lend
Alternative Bridging Corporation lends through 4 separate books. Which one reads a deal decides the security, the covenant package and the band, so the question is rarely whether Alternative Bridging Corporation lends, but which of these would own it.
Commercial bridging loan
- Facility
- £250k to £4m
- Security
- First charge only; commercial property (office, retail, industrial, hotel, mixed-use, residential investment); up to 70% loan to value OMV vacant possession
- Funds
- Acquisition · Refinance
- Rules out
- No Northern Ireland coverage confirmed; Property security required, no unsecured or cashflow-only lending; No EBITDA-based underwriting
Residential bridging loan
- Facility
- £250k to £4m
- Security
- First charge preferred; second charge available up to £3m; residential property including investment; up to 75% loan to value
- Funds
- Acquisition · Refinance
- Rules out
- No Northern Ireland coverage confirmed; Second charge max £3m; Property security required
Development finance (incl. development 90)
- Facility
- £500k to £4m
- Security
- First charge on development site; up to 90% of total site cost (Development 90, experienced developers) or 70% loan to gross development value standard; 1% exit fee
- Funds
- Acquisition · Growth
- Rules out
- No Northern Ireland coverage confirmed; Commercial development requires adequate pre-lets; Development 90 restricted to experienced developers
Alternative overdraft (revolving credit facility)
- Facility
- £250k to £2m
- Security
- First or second charge (residential only for second charge); up to 70% loan to value (65% second charge); 2-year revolving term
- Funds
- Growth · Refinance
- Rules out
- Hard cap £2m; Property security required; Sub-band for standalone use in £3-15m context
Limits that apply across the firm
Stated limits, taken from Alternative Bridging Corporation’s own published criteria, beyond the ones each desk carries above. A limit is where a lender starts from, not where it always ends: several of these move on a strong enough credit.
- No appetite in equity or unsecured corporate
How they sit against the category
- Its published ceiling is £4m; 72 of the 75 property-backed lenders here go at least as high.
- 65 of the 75 publish an indicative price at all; it is one of them.
- It lends through 4 distinct desks, where most firms here run one or two.
Counted across the 75 property-backed lenders in this directory, on what each one publishes. What a lender discloses and what it will do are different things.
Questions this page answers
How large a facility does Alternative Bridging Corporation write?
Published facilities run £250k to £4m. A band is what a lender states it will do, not what it will do on a given credit.
How quickly does Alternative Bridging Corporation move?
Same-day decision in principle; £1.2m deal completed in 20 working days total (10 days from valuation). Published timetables describe a clean case; anything unusual in the security or the structure adds to them.
Where does Alternative Bridging Corporation lend?
Alternative Bridging Corporation lends in England, Scotland and Wales; Northern Ireland not confirmed.
On the record
May 2025: £4.5m multi-facility loan (three facilities) for repeat client, commercial and residential mixed assets, North of England.
January 2025: £1.2m semi-commercial bridging, South London, completed 20 working days.
Sources: alternativebridging.co.uk
This profile is a curated reference note drawn from public sources, not financial advice or a recommendation. Appetite and terms change; a lender's fit for a given credit is established by approaching it, not inferred from a page.