Learn how bridging finance adds value to clients

Loan extension

An existing borrower needed an additional loan to finish off a project which was delayed as a result of the pandemic.

Amount

$200,000

Term

3 months

Exit Strategy

Gap in settlement

The client sold their existing home and purchased a new home. There was a gap in settlement dates and the client was at risk of losing their deposit without short term funding.

Amount

$700k

provided within 72 hours

Term

6 months

Exit Strategy

Proceeds from the sale of the existing home.

Cash flow required for business

A small business needed a cash flow injection in order to pay overdue invoices and purchase a special order of materials.

Amount

$150,000

provided within 72 hours

Term

3 months

Exit Strategy

Cash flow from special order or sale of the asset.

Backing property development

The borrower was completing four separate projects at various construction stages. One of the projects was 90% complete and delayed due to poor weather conditions. This resulted in cash flow issues for the borrower.

Amount

$1.2M

provided within 72 hours

Term

6 months

Exit Strategy

Presale of the projects enabled the borrower to refinance the remaining debt through a major bank.

Repaying ATO Debts

The borrower’s business incurred a significant ATO debt and a wind-up application commenced in the court.

Amount

$2,000,000

provided within 48 hours

Term

6 months

Exit Strategy

Cash flow from the business to clear debt.

The loan was repaid as arranged and the business is now flourishing.

Finalising a subdivision project

The borrower required funding to complete renovations prior to selling their property.

 

Amount

$600,000

provided within 72 hours

Term

6 months

Exit Strategy

Proceeds from the sale of the property.
By accessing funding at a crucial time, the borrower was able to sell the townhouse property and secure a premium price.

Urgent business opportunity

The borrower required funding to purchase and refurbish a commercial premise. The client was unable to meet the bank’s conditions for settlement.

Amount

$2,000,000

provided within 72 hours

Term

2 months

Exit Strategy

Refinance with a mainstream lender.

By securing urgent funding, the borrower avoided losing their deposit and made a significant profit. The borrower refinanced the remaining debt through a major lender.

Supporting small business owner

In the lead up to the busy Christmas period a business needed short term funding to purchase a large quantity of stock.

Amount

$2,000,000

provided within 48 hours

Term

2 months

Exit Strategy

Profit from trading over the Christmas period.

Catering company secures urgent funding

One month prior to the start of the Commonwealth Games, a catering company’s pre-approved finance fell through.

Amount

$1,200,000

provided within 48 hours

Term

2 months

Exit Strategy

Profit from the delivery of the catering contract.

Poor credit history

The borrower needed to consolidate debts owing to multiple creditors and was unable to secure funding through the bank due to a poor credit history.

Amount

$600,000

provided within 48 hours

Term

2 months

Exit Strategy

Refinancing through a major lender.

The borrower made regular repayments, which boosted their credit score and improved their business operations.