Bridging Finance
What is bridging finance?
Bridging finance is a short term funding option when a client needs urgent cash against monies owed to him from a sale of property, commission for estate agents or from a bond advance or switch.
If you are interested in any of the below bridging options complete the form and a trained consultant will call you shortly to start the process
Seller Bridging:
Up to 80% of surplus proceeds from the sale of your property.
Required from attorney to process your application
- Sale agreement
- Proof of finance
- Bond cancelation figures
- Levy statement
- Status report and lodge date
Commission Advance for Estate Agents:
Get and advance of up to 70 – 80% of the commission due on a property sale
Required from attorney to process your application
- Sale agreement
- Proof of finance
- Status report and lodge date
Bond advance for a property owner who registered a new or switch bond:
Get up to 80% of the net proceeds from new or further bond
Required from attorney to process your application
- Bond instruction
- Cancelation figures
- Status report and lodge date
Bridging finance to property buyers for payment costs
Finance to property buyers for payment of transfer duty and costs
- Proof of finance
- Sale agreement
- Statement of account
- Status report and lodge date
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