Second Charge for Business Purposes
Access Funding Without Disrupting Your Main Mortgage
Raise Capital for Your Business Without Changing Your Main Mortgage
Need funding to grow your business or cover a short term cash flow gap? A second charge mortgage secured against your residential property can be a smart way to unlock capital without remortgaging or tying up your business assets.
At Bridging Finance Broker, we help entrepreneurs, limited companies, and self employed clients arrange second charge finance for business purposes quickly and efficiently.
Why Use a Second Charge for Business Funding?
Second charges are often a faster, more accessible alternative to commercial loans or personal borrowing.
Quick access to capital
Funds released in as little as 2–4 week
No change to your first mortgage
Keep your current rate and lender
Flexible use of funds
Invest, grow, consolidate, or stabilise
Lower rates than unsecured borrowing
Especially for larger sums
What Can the Funds Be Used For?
Expanding or launching a business
Buying stock, equipment, or vehicles
Hiring staff or taking on contracts
Covering tax bills or business liabilities
Funding marketing or rebranding initiatives
Smoothing short term cash flow issues
The funds can be used for most legal business purposes, regardless of sector.
Who It’s For
Directors of limited companies
Sole traders and partnerships
Self-employed professionals
Property investors funding business expansion
Applicants will need equity in a UK residential property along with a clear and viable exit plan for repaying the loan.
Key Loan Features and Lender Criteria
Loan size: £10,000 to £1 million+
Term: 3 to 25 years
Combined LTV: Up to 95% including your first mortgage
Rates: From 6.25% p.a. (fixed or variable)
Repayment: Monthly capital and interest, with some interest-only options
Credit: Lenders available for borrowers with adverse credit
We work with lenders who understand business finance and take a practical, streamlined approach to your application.
How It Works
It really can be that smooth with the right broker.
Tell us about your business
What you need and how it will be used
We assess equity and affordability
Based on your property and income
Lender match
We find suitable options from our panel
Application and valuation
We help gather documents and manage underwriting
Funds released
Sent to you directly or to settle business costs
Clear Communication
No jargon, no confusion, no chasing we keep you updated every step
Use Our Second Charge Loan Calculator
Estimate what you can borrow and what your monthly repayments might be using our free calculator.
Frequently asked questions
Everything you need to know about the bridging finance broker
Can I use a second charge loan for business startup costs?
Yes, if you have sufficient equity and can show a repayment plan, lenders may approve it.
Do I need business accounts or trading history?
Not always. Personal affordability and equity are often more important for residential second charges.
Is the loan secured against my home?
Yes, the loan is secured behind your existing mortgage, and you’ll need to keep up with repayments.
Will this affect my business credit profile?
No, it’s secured against your personal property, so it doesn’t show on your business credit record.
Fund Your Business, Without Risking It
We’ll help you access residential equity to drive business growth quickly, discreetly, and without disturbing your existing mortgage or company finances.