Frequently asked questions

  • Residential Bridging
  • Partners
  • General

Am I eligible for a TechLend Residential Bridging loan?

TechLend loans aren’t for everyone. Let’s make sure we are right for each other.

Who can apply:

  • Australian citizen or permanent resident
  • Over the age of 18
  • Borrowing for consumer purposes

We also 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 a discharged bankrupt or has a criminal record

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 of 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)

How do I make my loan repayments?

For a TechLend Bridging Loan, we offer no repayments until maturity. This means you only need to make the one lump sum repayment once your bridging period is complete. Our Bridging Loans are interest free for the first 3 months, after this period interest will apply and is added to your loan balance until your loan is repaid (interest is capitalised).

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 – $3,000,000 with an LVR (Loan to Value Ratio):

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

Confused about which loan is right for you? Email us at to speak with one of our loan specialists.

What determines my 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.

Our Residential Bridging Loan product features INTEREST FREE payments for the first 3 months.

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

What is my Bridging Loan set up fee?

Unlike other lenders, we do not charge monthly fees, annual fees, or bill extra for paying off your loan early. Instead, we charge a set up fee, which is an upfront payment that covers the cost of providing you with credit assistance.

The set up fee is a one-time, non-refundable fee that is automatically deducted from your total loan proceeds on settlement. In simpler terms, the amount of money you receive is the total loan amount minus the set up fee, meaning you don’t have to worry about paying anything until the end of your loan term.

Our set up fees range from 1.99% and 2.75%, depending on loan term.

I’ve completed my online application, what’s next?

Sit tight and one of our loan specialists will be in contact with you shortly! We guarantee pre-approval within 24hrs of submitting your online application.

What documentation do my clients need?

Depending on weather your client is after a commercial loan or a residential bridging loan will determine their documentation requirements.

Your client will need:

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

Note: if your client is applying for a commercial loan they will also need an Asset and Liability Statement.

What does the application process look like?

Our application process is a simple and painless experience. Have your client’s documentation ready and apply online through our 5-minute application. Once complete, one of our lending specialists will be in contact with you. Our fast process means we guarantee same day pre-approval and funding within 48hrs.

How long does it take for my client to receive the funds?

Your client will receive same day pre-approval and upon loan settlement, funding will be available within 48hrs.

How do I get paid?

Broker commissions are paid into your nominated account on loan settlement.

What does pre-approval mean?

Pre-approval (aka conditional approval) means that TechLend has agreed to loan you the money subject to the satisfaction of certain criteria. This includes the acceptance of our offer, payment of application fee (if applicable), and the completion of a valuation report. Pre-approval is conditional to the legitimate and correct information provided during the initial application process.

What does LVR mean?

Loan to Value Ratio (LVR) is the amount of money you are borrowing from a lender, shown as a percentage of the value of the property you are borrowing against.

Are there postcode restrictions?

Because we’re still new, we can’t lend in some areas outside the major population areas of Australia. Start an application and we’ll quickly let you know if your postcode meets our lending criteria.

How fast will I get the funds?

After you apply, we review your application for assessment and start working towards your approval right away. The process moves pretty quickly here and if you’re available to respond quickly to our lending specialists, you will have access to your funds within 48hrs.

How much can I borrow?

The total amount of your loan will depend on your specific circumstances. We consider a variety of factors to determine your loan amount but generally speaking, we offer loans from $250,000 up to $5,000,000 with an LVR up to 75%.

Is my information secure?

Yes! We ensure your information is secure by using bank level security and encryption across our digital platform. This means you get all the online benefits without the dangers.

Do you hold a credit license?

Yes! We are an authorised credit representative (ACR) 533749 of an Australian Credit Licensee (ACL) 459305

Talk to us today

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

1300 141 161

Weekdays 8:30am - 6pm

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