Bridge loans are commonly used to finance property transactions but have expanded to various business applications. They can be used for paying tax bills, starting new projects, equipment purchases, funding ongoing projects, and paying supplier invoices. When searching for a bridge loan lender in the UK, it's advisable to speak directly with lenders, consider the availability of funds, look for lenders specializing in bad credit, and compare interest rates. Bridge Direct is a direct lender that offers bridge loans with quick decisions and funding, catering to borrowers with bad credit and no set criteria for loans.