Loans
Bridging finance
Bridging finance is short-term capital that covers the gap between a need now and a known repayment event soon — a settlement, a sale or a refinance. Secured against property your company or trust already owns, it settles in days and is repaid in full when the exit lands.
Indicative only — subject to assessment. Placeholder figures.
How bridging finance works
A bridge is sized to a gap, not to your long-term balance sheet. You borrow against property your company or trust already owns, settle quickly, and repay in full when a defined event completes — a sale settles, a refinance lands, or the next stage of a project draws down. Because it’s short-term and exit-driven, the assessment turns on three things: the security, your equity position, and how credible the exit is. Full financials and income history usually aren’t the deciding factor.
What it’s typically used for
The common jobs are timing problems. Buying commercial premises before your existing property sells. Covering a settlement that falls due before funds arrive — including an unconditional auction purchase. Clearing a pressing liability, such as an ATO bill or a maturing facility, and refinancing it out once a longer-term facility completes. Funding the gap between project stages. In each case the bridge does one job: it buys time you can’t get from a slower process, against an asset you already hold.
Open vs closed bridges
A closed bridge has a contracted exit — a signed sale, or an unconditional refinance with a known date — so it prices keenly and runs to that date. An open bridge covers an exit that’s expected but not yet locked; it carries a longer maximum term and tighter terms to reflect the looser timing. The stronger and more documented your exit, the better the bridge. Pricing also depends on whether the bridge sits in first or second position behind any existing first-mortgage lender. All terms are subject to assessment and a valuation.
What we’ll need
The security details, a sense of the numbers — amount, value, and any existing first mortgage — and a clear exit: the event that repays the loan, and roughly when. That’s usually enough to come back with an indicative position fast. The file we ask for is deliberately light; the work is making sure the exit holds up.
- Companies or trusts with a firm exit — a contracted sale, settlement or refinance
- Buyers who need to settle before an existing asset sells
- Time-critical deals a bank can't fund inside the deadline
- Borrowers without a clear, credible exit (no exit usually means no approval)
- Owner-occupier consumer borrowers (business-purpose only)
- Anyone needing long-term, ongoing finance rather than a short bridge
How it compares
FAQ
Do I need a signed contract to qualify?
A closed bridge needs a contracted exit — a signed sale or an unconditional refinance with a known date. An open bridge is possible where the exit is credible but not yet contracted, on tighter terms.
How fast can it settle?
Often within days once we have the security details, the valuation position and a clear exit. Urgent matters can move faster where a recent valuation already exists. Subject to assessment.
What if my exit is delayed?
Build in buffer from the start. An extension is sometimes possible depending on the position and the asset, but a realistic timeframe set upfront is what avoids the problem.
Cover the gap and settle on time.
The amount, the asset and the timeframe. We’ll review and come back to you fast.
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