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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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