A Case Study on Bridging Loans by Secured Lending: Unlocking Financial Victory

Mark Hutchins

Mark Hutchins

Director - Secured Lending

A Case Study on Bridging Loans by Secured Lending: Unlocking Financial Victory

In the dynamic world of real estate, navigating the sale of a unique luxury waterfront property can be a challenging endeavor. Such was the case for one of our recent clients in Tweed Heads. Facing the need to consolidate debts and secure a bridging facility to maximise the sale price, they turned to Secured Lending for a tailored solution.

Our client’s situation demanded a sophisticated approach, and at Secured Lending, we specialise in crafting personalised financial solutions. In this case, we implemented a blended 1st & 2nd mortgage facility, carefully designed to meet the specific needs of our client.

The success story that unfolded showcases the effectiveness of our approach. Not only did our client achieve their financial goals, but they also secured a sale price that exceeded their expectations. The culmination of this journey resulted in the property being successfully sold in early November, marking a significant milestone for both Secured Lending and our satisfied client.

At the heart of our philosophy is a commitment to being there for our clients when they need us the most. We understand that financial challenges can be daunting, and unique requirements often call for innovative solutions. Secured Lending prides itself on providing the support necessary to empower individuals and businesses to reach new heights.

Our customised solutions are not one-size-fits-all; instead, they are tailored to the specific circumstances and aspirations of each client. In the case of bridging loans, we recognise the importance of flexibility and strategic financial planning.

Bridging loans serve as a crucial tool in the real estate world, facilitating transactions where timing is of the essence. They act as a financial bridge, allowing clients to navigate the transition between the sale of one property and the purchase of another. In our case study, the bridging facility played a pivotal role in ensuring our client could consolidate debts while maximising the sale price of their luxury property.

For those facing financial challenges or with unique requirements, Secured Lending is a reliable partner dedicated to turning financial aspirations into success stories. Our expertise in first and second mortgage finance, as demonstrated in this case study, showcases our ability to navigate complex financial landscapes with finesse.

If you find yourself in a situation similar to our Tweed Heads client or have distinctive financial needs, do not hesitate to reach out to us at 1300 795 175 or via email at info@securedlending.com.au. Secured Lending is here to guide you through the intricacies of securing a bridging facility and ensuring your financial goals are not just met but exceeded.

In conclusion, the success story of our Tweed Heads client highlights the transformative power of customised financial solutions, emphasising Secured Lending’s commitment to unlocking financial success for our clients.

 

Why Businesses Opt for Bridging Loans

Business Expansion

As businesses grow and expand, their space requirements evolve. They may need to move to larger premises or establish additional branches. The process of selling the current property and finding a suitable new one can be time-consuming. Bridging loans enable businesses to seize opportunities promptly without waiting for their current property to be sold, allowing for smoother and more rapid expansion.

Property Development

Property developers often utilize bridging loans to secure properties with high potential for development. Once the development is completed, the property can be sold or refinanced with a traditional mortgage.

Purchase a Property – Auction Purchases

Auctions can be an excellent platform to acquire properties at competitive prices. However, winning bidders usually need to pay quickly, often within 28 days. Bridging loans provide the necessary funds to secure the property at auction, after which the borrower can arrange long-term financing if required.

Property Renovation

Businesses looking to refurbish or renovate a property to improve its value may find bridging loans advantageous. The loan allows them to commence the renovation work immediately, increasing the property’s value and enhancing its appeal to potential buyers or tenants.

Bridging Loans

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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