★★★★★Over $500 million in business loans facilitated

$800K Bridging Finance for Simultaneous Property Transactions in 48 Hours

22 July 2026

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Loan Amount: $800,000
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Enquiry to Settlement: 48 hours
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Location: Cooloola Cove, QLD
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Use of Funds: Bridge finance to repay ATO debt and facilitate simultaneous property sale and purchase
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Loan Product Type: First Mortgage

The Scenario

A borrower was simultaneously selling an existing property and purchasing a new one, but encountered an unexpected hurdle during the settlement process.

A refinance had already been approved with a major lender. However, the incoming financier required outstanding ATO liabilities to be cleared before they would proceed with settlement. Without immediate funding to clear that debt, both property transactions were at risk of being delayed.

Secured Lending acted quickly to provide a short-term first mortgage facility, structured as bridging finance, that enabled the ATO debt to be repaid and allowed both the sale and the purchase to settle as planned.

The three-month facility gave the borrower the flexibility required to complete the transactions, with the exit via the pre-approved refinance once all settlement conditions had been satisfied.

The Outcome

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Indicative terms issued within 1 hour of enquiry
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Loan documents issued within 2 hours
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Expedited due diligence completed
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Loan settled within 48 hours
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Outstanding ATO debt cleared prior to settlement
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Property sale and purchase completed without delay
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Facility exited via refinance with the major lender after settlement

Why This Scenario Required a Private Lender

The whole deal turned on a single condition the borrower could not meet in time. The refinance was approved, the sale and purchase were lined up, and the only thing standing in the way was an ATO debt the incoming lender wanted cleared first. A bank cannot move at the speed a live settlement demands.

A short-term first mortgage bridged that gap. Secured Lending released capital against property, the ATO debt was cleared, and both transactions completed on schedule, with the pre-approved refinance retiring the facility straight after. The bridge existed only to hold the sequence together for a few days.

Secured Lending lends its own funds and settles in as little as 24 to 48 hours, which is what protects a settlement when a condition surfaces late. If a property transaction is being held up by an ATO liability or a timing gap, contact our team to discuss your scenario.