Urgent Bridging Loan

Mark Hutchins

Mark Hutchins

Director - Secured Lending

Urgent Bridging Loan

The year 2021 has flown by, and for many, looming deadlines for refinancing or settlement of property purchase, have come around much sooner than anticipated.

Last week one of our long term broker referrers reached out to us with a client in this predicament and in need of a bridging loan. 

His client was seeking urgent bridging finance to settle on the purchase of a property in Gymea Bay. It was only 3 days until settlement, and due to the typical red tape delays experienced by a mainstream Lender, he was concerned he’d lose out on this opportunity.

He was seeking a 2 month loan term to allow some breathing space until he received final approval from the bank.

Settlement was locked in within 48 hours. Secured Lending were able to provide a $1.88M facility, secured by a first mortgage security against Gymea Bay, and two residential units in Broadmeadows VIC.

Check out our  Bridging Finance product if you require any more information, or alternatively, contact us at 1300 795 175 or email info@securedlending.com.au

Bridging Loan

Secured Lending

FAST FUNDING SOLUTIONS

Secured Lending focuses on non-conforming, short term funding solutions with incredibly quick turnaround times. So why Secured Lending?
  • We have our own internal property valuation team.
  • We can settle caveats, 1st and 2nd mortgage loans within 24 hours up to $45m.
  • We pride ourselves on being transparent and honest in our approach, always aiming to have an initial assessment back to you in a few hour

Our rates start at 9.95% p.a. with loan terms from 1 – 24 months.

 If you have a scenario to discuss, please call us on 1300 795 175.
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