Allica Bank Bridging Finance

About Allica Bank Bridging Finance

Allica Bank entered the bridging finance market in August 2024 through the acquisition of Tuscan Capital, one of the UK's most respected short-term lenders. Since then, the bridging division has grown rapidly, recording all-time highs in lending volumes and new introductions, and completing deals for established businesses across England and Wales.

Unlike most bridging lenders, Allica operates as a fully regulated, deposit-taking bank with a strong focus on the SME market. That backing gives borrowers and brokers greater confidence in Allica's ability to fund deals reliably, even on tight timescales. The bank is firmly focused on established businesses — those with real assets, proven trading history, and a clear plan — rather than first-time investors or speculative purchases.

The bridging team operates with direct access to decision-makers, and the bank's commercial culture means complex or time-sensitive cases are assessed on their merits rather than passed through layers of automated criteria.

Bridging Loans from Allica Bank

Allica's bridging finance covers loans from £150,000 to £10 million, with terms up to 24 months and LTVs up to 75%. Interest rates start from 0.71% per month, making them among the more competitive options in the commercial bridging market.

The bridging range is built around two core use cases: those who need speed and flexibility to secure or refurbish a property, and those who want a clear, structured path to longer-term funding. Both are well served by Allica's product set.

Bridge-to-Term Products

One of Allica's more distinctive offerings is its bridge-to-term range — products that start as a bridging loan and automatically convert to a lower-cost term loan once agreed conditions are met. There's no need for a second round of underwriting or refinancing, which reduces cost and complexity for the borrower.

• The Stabiliser – Designed for businesses working towards commercial mortgage criteria. Loans from £250,000 to £5m, with rates from BBR plus 6.45% during the bridging phase, transitioning to commercial mortgage rates once conditions are met.
• The Improver – Tailored for refurbishment projects, particularly those improving a property's environmental credentials. Loans from £500,000 to £5m, with rates from BBR plus 7.05% during the bridging phase.

What Can Allica Bank Finance?

Allica's bridging products cover a broad range of property types and transaction structures, including:

• Commercial and semi-commercial property purchases
• Residential investment properties, HMOs and small blocks of flats
• Auction purchases requiring rapid completion
• Property refurbishment and value-add projects
• Development exit finance
• Below-market-value purchases (up to 80% of purchase price)
• Buy-to-let portfolios

How to Apply with Allica Bank

Allica works primarily through commercial finance intermediaries and brokers. Applications are reviewed by experienced underwriters with direct access to senior decision-makers, keeping the process straightforward and transparent. For time-sensitive cases — like the £5.85m Marylebone deal completed in just 18 days — the bank has demonstrated its ability to move quickly when it matters. Brokers can reach the team directly at [email protected] or by calling 020 7846 9030.