Allica Bank enhances semi-commercial bridging proposition 

Allica Bank has expanded its bridging finance proposition, designed to help brokers unlock more opportunities for established businesses across the UK.
 
For property investors and business owners, the changes mean greater flexibility on complex mixed-use projects. Allica will now lend up to 75% LTV on semi-commercial bridging, with rates starting from 0.93% per month. 

For the first time, Allica will also offer below-market-value leverage up to 80% of the purchase price, helping clients move quickly on undervalued opportunities.
 
Semi-commercial properties are now eligible under Allica’s bridge-to-term product, introduced earlier this year. This gives brokers and their clients a clearer, more reliable pathway to long-term funding, with automatic transition to term once conditions are met and no need for a second refinance or duplicated underwriting.
 
Allica’s bridge-to-term products – the stabiliser and the improver – can both run up to seven years, with an initial bridging period of up to two years that automatically shifts to a lower-cost term loan when agreed conditions are met.

Steve Palfreeman, head of sales for bridging finance at Allica Bank, said: “We know brokers are the engine room of SME property finance. They’re the ones navigating complexity, managing client expectations, and keeping deals alive when timeframes are tight. This update is about backing them with real firepower.
 
“We’ve expanded our semi-commercial appetite because brokers told us they needed more flexibility, especially on mixed-use deals where traditional lenders often hesitate. By bringing these properties into our bridge-to-term journey, we’re giving brokers a way to offer clients speed now, and certainty later.”