The bridging loan relies on a simple principle: it is an advance on a future sale.
You have an urgent need to use locked-up capital to finance the purchase of a new asset. The best solution would ensure that the sale and the purchase take place simultaneously. However, in reality, both operations rarely happen at the same time and the sale of an asset can take longer than expected.
HSBC Private Bank France offers you flexibility by advancing you a portion of this capital in the form of a bridging loan backed by one of your assets, in other words a loan with a grace period during which you only pay the interest (no capital write-off) and any potential insurance premiums linked to the loan. The loan is automatically paid off when your current asset is sold.
