Bridging Loans Market Scope
Bridging Loans also known as caveat loan, are a type of short term loans which are offered at a very high interest rates. They are known bridging loan because of their interim financing characteristics, where they are obtained until the completion of a longer duration of financing arrangement. This loans are quick to process. Bridging loans although because of their very high interest rates may be backtracked in growth. Another factor limiting its growth is its less or no presence in places outside United Kingdom. Which makes United Kingdom the dominant most market of the bridging loans.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | HSBC (China), NatWest (United Kingdom), Barclays Plc (United Kingdom), TSB Bank Plc (United Kingdom), HDFC Bank Ltd. (India), The Co-operative Bank Plc (United Kingdom), Banco Santander, S.A. (Spain), Royal Bank of Scotland (United Kingdom), Nationwide Building Society (United Kingdom) and The Cumberland (United Kingdom) |
CAGR | % |
Growing demand for short term financing solutions has led to the increase in popularity of the bridging loans. Especially the clients pursuing real estate financing options in short term are driving the growth of the bridging loans market. United Kingdom remains the dominant most market of the bridging loans. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Bridging Loans market throughout the predicted period.
HSBC (China), NatWest (United Kingdom), Barclays Plc (United Kingdom), TSB Bank Plc (United Kingdom), HDFC Bank Ltd. (India), The Co-operative Bank Plc (United Kingdom), Banco Santander, S.A. (Spain), Royal Bank of Scotland (United Kingdom), Nationwide Building Society (United Kingdom) and The Cumberland (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Lloyds Bank Plc (United Kingdom), Clydesdale Bank Plc (United Kingdom) and Leeds Building Society (United Kingdom).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Bridging Loans market by Type , by Application (Real Estate, Medical Expenses, Educational Expenses, Home Restoration, Debt Consolidation and Others) and Region with country level break-up.
On the basis of geography, the market of Bridging Loans has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In 2018, Dilosk DAC, which is a parent company of Ireland based ICS Mortgages has announced acquisition of residential mortgages portfolio worth Euro 182 million from Leeds Building Society. This is beneficial for the both the firms as the Leeds building society is set to exit Irish market next year, and the acquisition of the Lead’s residential mortgages portfolio will strengthen the Dilosk’s market standings.
In October 2023, Specialist lender Mercantile Trust has launched a new bridging loan for borrowers who need to complete quickly.
Influencing Trend:
Closed Bridging Loan Account for Largest Market Share
Market Growth Drivers:
Growing Demand for Fast Processed Loans and High Popularity of Short-Term Loans
Challenges:
High Interest Rates on this Loans act as a Restraining Factor for its Growth
Restraints:
Less or No Availability of this Loans outside United Kingdom
Opportunities:
Real Estate Financing May Present Big Opportunities
Key Target Audience
Bridging Loans Providers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Analysts and Strategic Business Planners, Government Regulatory and Research Organizations and End-Use Industries