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Loan Criteria
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Brokers
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Contact
Notice
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10-12 Ely Place,
Holborn London
EC1N 6RY

Tel: 0207 101 9349 / 0207 993 5678
E: info@bridgingfunding.com

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Bridging & Financial News

UPDATE 1-Fed's Brainard: Time needed to assess effect of rate cuts November 20, 2019
Federal Reserve Governor Lael Brainard said on Wednesday she would like to wait and see how the interest rate cuts made this year ripple through the U.S. economy before making further changes to monetary policy.
Nigeria appeals $200 mln court payment for stay on asset seizures in P&ID case November 20, 2019
Nigeria has lodged an appeal against an order to pay $200 million to a British court for a stay on asset seizures while it challenges a ruling that would have allowed a firm to try to seize more than $9 billion in assets, its attorney general said.
UPDATE 3-Strike pushes South African Airways to brink of collapse November 20, 2019
* Critical test of Ramaphosa's reform drive (Adds detail, context throughout)
Major UK hotels found failing to combat threat of modern slavery November 20, 2019
LONDON, Nov 20 (Thomson Reuters Foundation) - Major hotels in Britain are failing to protect workers from debt bondage and sexual exploitation, according to a study on Wednesday that found 75% of hospitality businesses were flouting anti-slavery legislation.
UPDATE 2-Russian economic growth picks up in October due to strategic spending November 20, 2019
* Russian officials divided on Putin's plan to boost growth (Updates with official data release from Economy Ministry)
UPDATE 1-Another Israeli election looms as deadline to form government nears with no accord reached November 20, 2019
* Israel politics deadlocked after 2 inconclusive ballots (Adds quotes)
UPDATE 1-Deutsche Telekom to stick to multi-vendor strategy November 20, 2019
Deutsche Telekom on Wednesday declined to comment on a magazine report that it would phase out some equipment from Chinese vendor Huawei Technologies over time, saying only that it relies on multiple network providers.
UPDATE 1-Roughly $400 mln of Ripple tokens tied to illegal activity -Elliptic November 20, 2019
About $400 million of XRP tokens, the currency for the Ripple payment network, is tied to illegal transactions, according to findings released on Wednesday by London-based Elliptic, a provider of risk management systems for the cryptocurrency industry.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENT ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT

The activities carried out by Bridging Funding are not regulated by The Financial Conduct Authority as we only lend in the following circumstances: - Loans only offered for commercial lending - Minimum loan amount is £100,000 - *Loans are secured on land less than 40% of which is used for dwelling - Borrowers confirm that the loans are for business purposes

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