Bridging finance is short-term funding used to cover timing gaps between transactions. It can be useful when you need to settle quickly but funds are not yet available.
When is bridging finance used?
Common uses include:
- Buying before selling
- Urgent property settlement
- Delayed refinance
- Business or commercial transactions
- Development site acquisition
How it works
The lender provides short-term funding secured against property or another asset. The loan is repaid when the exit event occurs, such as sale, refinance or project completion.
What lenders assess
Lenders review security value, existing debt, loan purpose, timeframe and exit strategy.
Benefits
- Fast settlement support
- Flexible short-term funding
- Useful for time-sensitive opportunities
- Can prevent a transaction from falling over
Risks
Bridging finance can be more expensive than standard lending and should only be used with a realistic exit plan.
How Nine Private Credit can help
Nine Private Credit can arrange fast bridging finance for suitable borrowers and time-sensitive transactions.
Need urgent funding? Request Fast Funding Review with Nine Private Credit.
Disclaimer
Bridging finance is subject to assessment and approval. Costs, terms and conditions vary between lenders.