Bridging Loans

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Rates from

3.49 % p.a

  • Funding up to $5m
  • LVR up to 70%
  • Same day pre-approval
Fast and simple Bridging Loans

What is a Bridging Loan?

A bridging loan is a short-term finance solution that creates a ‘bridge’ between financial situations example, buying a new property before selling your current one. It gives you the peace of mind to get on with life while you wait for everything else to fall into place.

At TechLend, we take a common sense approach to lending. Our loans are tailored to each borrower and are generally between 1 to 12 months.

Benefits of a TechLend Bridging Loan

Found the perfect property and need access to fast and simple funding? Here's why you should consider a TechLend Bridging Loan:

  • Purchase with confidence with same day pre-approval
  • No income verification required
  • Funding possible within 48 hours
  • Flexible pricing to the loan term you need
  • LVR up to 75%

When can I use a Bridging Loan?

Buying and selling property

Buying and selling property

  • Are you waiting on the bank for mortgage approval, and it is taking too long?
  • Have you agreed to a longer settlement on a property you have just sold and can’t complete your new purchase until funds are available?
  • Do you want to buy a new property before you sell your existing property? Or maybe you need financial certainty heading to a property auction?

Taking advantage of an investment opportunity

Taking advantage of an investment opportunity

  • Is there a great opportunity on the table, but you won’t have funds in time to invest? For example, purchasing a property for a development project before you can apply for a construction loan.

Refinancing an existing loan

Refinancing an existing loan

  • Do you want to take advantage of increasing property prices and refinance your loan for an equity release?
  • Do you need to pay out a loan or consolidate existing loans?

LET'S FIND YOUR LOAN

We provide secure short to medium term property loans

3 month

Rates from

3.49 % p.a

Interest rate

1.00%

Establishment fee

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6 month

Rates from

5.49 % p.a

Interest rate

1.00%

Establishment fee

Apply now

12-24 month

Rates from

6.49 % p.a

Interest rate

1.00%

Establishment fee

Apply now

Get pre-approved today

  • 1
    5 min application.
    Same day pre-approval.

    Complete our quick online form and receive same day pre-approval.

  • 2
    Review & acceptance

    A small upfront fee is paid to accept the pre-approved offer and to allow us to progress your loan.

  • 3
    Final approval & checks

    Our technology quickly does the final checks and prepares the loan documents.

  • 4
    Get the funds within 48 hours

    Receive settlement within 48 hours after the loan documents have been signed.

The TechLend Bridging Loan difference

Here’s how TechLend Bridging Loans have helped our customers.

Heading to auction

Julie was interested in buying a property that was going to auction on the weekend, but didn’t have pre-approval from her bank to make an offer. Julie contacted TechLend a few days before to get pre-approval for $900,000 which enabled her to seal the deal! Once she had secured finance from her bank, she settled the loan with TechLend.

Buying before selling

Tom and Kate wanted to buy a new property, but didn’t want to sell their current home before moving, as they preferred to avoid the inconvenience in renting, packing up twice and moving once more. A TechLend Bridging Loan enabled them to purchase their new property prior to selling their current one. Once the sale of their current property was settled, the TechLend loan was paid off.

Certainty while self employed

John is a self-employed carpenter who has been working for himself for 18 months, so couldn’t meet the traditional requirements for two years financial and tax statements. A TechLend Bridging Loan of $710,000 enabled him to purchase a new property and, once the two years elapsed, he transitioned the loan to a long-term mortgage arrangement.

Equity release to renovate
an investment property

Cara decided to take advantage of increased property prices by renovating her investment property. TechLend helped Cara with an equity release of $365,000 to cover the value of work. Once completed, Cara sold her property and realised a significant profit.

Ready to start?

Get your loan pre-approved today

Apply Now

Why our customers love us

Speed and certainty

Our technology enables credit decisions to be made within minutes.

No paperwork

Our end-to-end digital lending process is streamlined and truly a game changer.

Transparent and fair

Dynamic technology enables us to be the most competitive and transformative lender.

Convenience

Receive same day pre-approval. If you need any support we’re here for you online 24/7.