Bridgingloans.com, a leading UK provider of Bridging Finance solutions, is to host a series of bridging loan seminars to explain the workings and benefits of short-term finance to brokers throughout the country. Datamonitor, provider of online data, analytic and forecasting platforms, predicts that the short-term finance market will continue to expand by 25 per cent every year reaching £5.6 billion by 2010. With 88 per cent of bridging loans relating to residential property, Bridgingloans.com recognises that many mortgage brokers are currently losing out on a significant revenue stream from placing bridging loans because they possess limited knowledge about this niche financial sector.

The seminars are designed to show brokers how bridging loans are a quick and cost-effective short-term finance solution for many people and organisations. The seminars will not only cover the financial benefits of bridging loans for short-term finance but will highlight typical applications such as residential or commercial property purchase, rapid cash injection for legal purposes and credit repair.

Martyn Smith, Managing Director at Bridgingloans.com, said: "Both brokers and customers should be benefiting from bridging loan offerings, however many brokers have limited knowledge on how the short-term finance market works, producing a knock-on effect for customers. The seminars are designed to help brokers understand the uses and benefits of bridging solutions and also boost confidence in placing bridging business in the right situations. Once completed, each broker will receive a Certificate of Professional Development following the seminar.

"The bridging loan sector is set to grow significantly in the coming years and brokers can only benefit from possessing the ability to offer bridging finance. The seminar will therefore use real-life examples of how bridging finance has increased the earnings of brokers due to the significant one per cent commitment fee for placing the deal with Bridgingloans.com. Comprehensive questionnaires distributed during each seminar will enable us to not only gain valuable feedback from attendees, but also ensure we, at Bridgingloans.com, address issues and questions brokers might have."

Contact Martyn Smith, Managing Director at Bridgingloans.com, for further information on upcoming seminars.