We asked people in the UK that have previously used bridging finance how long it took for them to arrange the finance and draw down the funds.
Thursday 20th July 2023
20.68%
said
2-3 weeks
20.18%
said
1-2 weeks
16.18%
said
3-4 weeks
12.19%
said
4-5 weeks
We asked…
How long did it take to arrange bridging finance and draw down the funds?
Single selection answers | Answers % | Count | |
Less than 1 week | 6.89% | 69 | |
1-2 weeks | 20.18% | 202 | |
2-3 weeks | 20.68% | 207 | |
3-4 weeks | 16.18% | 162 | |
4-5 weeks | 12.19% | 122 | |
5-6 weeks | 9.19% | 92 | |
7-8 weeks | 5.79% | 58 | |
8-9 weeks | 4.40% | 44 | |
9-10 weeks | 2.30% | 23 | |
More than 10 weeks | 1.20% | 12 |
A randomised sample of 1,001 respondents aged 18+ throughout the UK’s 68,926,840 population (worldometer)
95% confidence. 4% margin of error. Dated: 20.04.23
Source: Finbri Survey