Location: Krawarree, NSW
Loan Amount: $2.5m
Use of Funds: Buy now sell later
Scenario: This month we met the owner of a beautiful 5 bedroom, 3 bath, coastal home in Culburra Beach. After 15 years, the owner of the property decided it was time for a change and hoped to buy her dream acreage in rural NSW. However, despite being an existing and faithful employee of one of the major Australian banks, this borrower was unable to access the fast bridging finance she needed for settlement.
1hr after reaching out to TechLend for help, this customer secured $2.5m in bridging finance and was able to fund the purchase of her dream acreage before the sale of the beach house.
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
- Digital platform to apply from anywhere – no visiting banks and waiting in lines