You may have heard of a Probate Loan (sometimes called Probate Finance, Inheritance Loan, Probate Funding or Probate Bridging Loan) but they are generally a re-badged standard Bridging Loan.

They also normally require you to wait until probate is granted before you can take one out.

The Inheritance Advance product has taken the best features from other products on the market to design something which is available to a wider audience of people, and you don’t need to wait for probate to take one out.

The table below shows how the Inheritance Advance product compares with other products:

Product Features
Bridging Loan
Personal Loan
Inheritance Advance
No personal credit check
Available to people with adverse credit (e.g. CCJs)
No charge over property
No personal liability
No inheritance shortfall risk
No monthly repayments

Inheritance Advance is superior to a Probate Loan as it does not require a credit check or charge over a property, and there is no risk to the customer.