Buy Now
Sell Later

Found the perfect property?

Get a bridging loan for your new property today!

Apply Now

First 3 months

Interest Free

5.99% thereafter. 6.25% comparison rate

  • Funding up to $5m
  • LVR up to 75%
  • Same day pre-approval
I’m still searching

Get pre-approval so you can search
with confidence.

Get pre-approved
I want to renovate
before I sell

Do you require additional funds to
renovate your property before the
sale?

Apply now
I need a cash advance
on the sale

Do you need access to funds fast
before selling your property?

Apply now
I require funds without
selling

Needing funds but not wanting to sell
your property? Contact us to discuss
your options.

Fast and simple
bridging loans

At TechLend, our Bridging Loans provide you with short-term
finance solutions, used to create a ‘bridge’ between
financial situations, perfect for borrowers who are
looking to buy before selling existing property.

We go above and beyond to help our clients. With our
common-sense approach to lending, we offer flexible
servicing with loans tailored to each borrower and their
specific asset position.

Residential Bridging

First 3 months

Interest Free

From 5.99% thereafter. 6.25% comparison rate

  • Set up fee from 1.99%
  • Loans up to 6 months
  • Funding up to $3m
  • LVR up to 75%
  • No repayments until maturity

Apply Now

How our Bridging Loans work

Inclusive and Accessible Lending

I have a non-standard
income

I am
self-employed

I have an urgent
settlement deadline

I need a
bridging loan

Am I Eligible?

Apply now and get same day pre-approval. All we require is that:

  • You are over the age of 18
  • You are an Australian Citizen or Permanent Resident
  • You are borrowing against a property located in Australia
  • You meet our credit history requirements*

Apply Now

*Refer to Bridging Loan Essentials

Why TechLend?

Traditional Lenders

Residential and commerical property
Borrow up to 75% LVR
Flexible pricing tailored to your unique situation
Same day pre-approval
Alternative income verification
No repayments until maturity
Settlement within 48 hours

What is a Bridging Loan?

A TechLend Bridging Loan is a loan that allows you to purchase a new property without having to sell your existing property first.

Most mainstream lenders offer bridging loans on the condition that there will be an End Debt (meaning you still owe the lender money after the sale of your existing property), however, unlike these mainstream lenders, TechLend allows you to pay off your bridging loan straight away, which can be particularly useful for situations such as downsizing.

Balancing mortgages while trying to purchase your next property and sell your existing one can be a stressful ordeal. In the ideal situation, you pick the keys up to your new house on the same day you sell your old one, however, TechLend understands that life doesn’t always go as planned.

TechLend Bridging Loans can be useful when:

Bank approval is taking too long

  • Are you waiting on the bank for mortgage approval, and it is taking too long?

Buying before selling

  • 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?

Long settlement

  • Have you agreed to a longer settlement on a property you have just sold and cannot complete your new purchase until funds are available?

Renovate and sell

  • Do you want to renovate to increase the value of your property before selling?
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.

Residential Bridging Loan Essentials

To apply for a TechLend Bridging Loan, you will need:

  • Details of the property (this will inform price and loan amount)
  • Details on your exit strategy (how will you repay the loan)
  • Identification documents (driver’s license and passport)
  • Evidence of current loan repayments (6 months of statements showing consistent loan repayments)

We check your credit history when you submit your application. We make sure that:

  • No applicant has been declared bankrupt or insolvent
  • No applicant has any outstanding court judgments against them
  • No applicant has defaulted on any previous loans, is bankrupt or has a criminal record

The amount you can borrow varies according to property type. We offer loans from $250,000 – $3,000,000 with an LVR (Loan to Value Ratio):

  • 75% for Residential Properties
  • 60% for Commercial Properties
  • 50% for Vacant Land

Unlike traditional banks, TechLend adjusts pricing and loan size for risk. Borrowers will receive better rates for low LVR’s, high quality assets and strong credit history.

Apply today to receive a free and no obligation pre-approval which will outline your rates and fees, tailored unique to you.

Residential Bridging Loan Essentials

What documentation do I need for my bridging loan?

To apply for a TechLend Bridging Loan, you will need:

  • Details of the property (this will inform price and loan amount)
  • Details on you exit strategy (how will you repay the loan)
  • Identification documents (driver’s license and passport)
  • Evidence of current loan repayments (6 months of statements showing consistent loan repayments)

Credit history for a bridging loan

We check your credit history when you submit your application. We make sure that:

  • No applicant has been declared bankrupt or insolvent
  • No applicant, has any outstanding court judgments against them
  • No applicant has defaulted on any previous loans, is bankrupt or has a criminal record

How much can I borrow with a bridging loan?

The amount you can borrow varies according to property type. We offer loans from $250,000 – $5,000,000 with an LVR (Loan to Value Ratio):

  • 75% for Residential Properties
  • 60% for Commercial Properties
  • 50% for Vacant Land

What determines my bridging loan interest rate?

Unlike traditional banks, TechLend adjusts pricing and loan size for risk. Borrowers will receive better rates for low LVR’s, high quality assets and strong credit history.

Apply today to receive a free and no obligation pre-approval which will outline your rates and fees, tailored unique to you.

The TechLend Difference

Here’s how we 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 of 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

Samantha is self-employed and has been working for herself for 18 months, so couldn’t meet the mainstream lenders’ request for two years’ financial and tax tatements. A TechLend Bridging Finance Loan of $710,000 enabled her to purchase a new property and, once the two years elapsed, she transferred 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.

Talk to us today

Contact one of our lending specialists at a time that suits you.

1300 141 161

Weekdays 8:30am - 6pm

Schedule a call

At a time that suits