Success Stories

Deal of the Month – June 2021

By June 23, 2021 August 27th, 2021 No Comments

Property Location: Hope Island Qld

LVR: 60%

Loan Amount: $855,000

Use of Funds: Renovation

Scenario: A borrower wanted to take advantage of increasing property prices and sell their investment property. To maximise return on sale the borrower decided a renovation was required. A TechLend Bridging Loan allowed the borrower to access funds quickly and begin renovations immediately. The property will be on the market once renovations are complete. Upon sale, the TechLend Bridging Loan will be paid off.

TechLend’s fast, fair and simple financing options gave this customer:

  • A fast and simple application process done within a matter of minutes
  • Same day pre-approval with funding within 48hrs – no waiting around to receive the loan
  • A digital platform to apply from anywhere – no visiting banks and waiting in lines
  • Talk directly to the decision maker – skip the hassle of playing hot potato with mainstream lenders and speak directly with the person calling the shots

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