Private lender   First mortgage

Commercial bridging finance for the gap in between.

Short-term property finance, secured by first mortgage, to cover the time between a purchase or settlement and a sale or refinance.

70%maximum LVR
9 to 15%interest a year
3 to 24months
The short answer

What is bridging finance?

Commercial bridging finance is a short-term loan that covers a gap in timing, such as settling a purchase before a sale or refinance completes. Quickfundz provides bridging loans to companies on first mortgage, from $200,000 to $5 million, up to 70% of the property's value, for 3 to 24 months.

A bridging loan covers a gap. The money you are waiting on is coming, from a sale, a refinance or a project completing, but the settlement date arrives first.

We respond to applications within 2 business days. Settlement timing then depends on the valuation and the legal documents. The loan is repaid in full when the sale or refinance you are waiting on completes.

What it is used for

  • Settling a purchase before another property sells
  • Covering the time until a refinance is approved
  • Meeting a settlement date a bank cannot meet
  • Releasing equity for a short-term business need
Apply now
How we lend

The terms, up front.

1st

First mortgage

Every loan is secured by a first registered mortgage over the security property.

70%

Up to 70% LVR

We lend up to 70% of the property's value, from $200,000 to $5 million.

9 to 15%

Interest a year

Paid monthly, or fully capitalised so there are no monthly payments. How interest works.

3 to 24

Months

Short-term lending, Australia wide. We reply to applications within 2 business days.

A worked example

What it could look like.

A company needs $1,000,000 for 6 months to settle a purchase, secured against property valued at $1,600,000, with the interest capitalised and the loan repaid from a sale.

Example only, at an interest rate of 12% a year. Capitalised interest compounds monthly. Rates range from 9% to 15% and are set on assessment. Fees and outlays are indicative and include GST. Your figures are confirmed in a letter of offer.

Try your own numbers
Loan amount
$1,000,000
Security property value
$1,600,000
Loan to value ratio
62.5%
Interest rate used
12% p.a.
Term
6 months
Capitalised interest, compounded monthly
$61,520
Fees and outlays
$5,634.68
Funds received at settlement
$994,365
Repaid at the end of the term
$1,061,520
Loan calculator

Estimate your bridging finance before you apply.

Move the sliders to see the interest, the fees and the funds you would receive at settlement.

$200,000$5 million

The total loan, secured by first mortgage.

We lend up to 70% of the property's value.

3 months24 months
9% p.a.15% p.a.

Your rate is set when we assess the deal, between 9% and 15% a year.

How you pay the interest
Funds you receive at settlement

Loan amount
Less capitalised interest, compounded monthly
Less fees and outlays
Interest payment each month
Total interest over the term
You repay at the end of the term
Loan to value ratio
What the fees and outlays are

    Apply now
    Questions

    Bridging finance: what borrowers ask.

    What is commercial bridging finance?

    It is a short-term loan to a business that covers a gap in timing, for example settling a purchase before a sale or refinance completes. It is secured against property and repaid when the expected funds arrive.

    How quickly does Quickfundz respond to a bridging loan application?

    We respond to applications within 2 business days. Settlement timing after that depends on the valuation and the legal documents.

    Is Quickfundz bridging finance available for buying a home?

    No. Quickfundz lends to companies for business and commercial investment purposes only. We do not lend to individuals for personal, domestic or household purposes.

    How much can I borrow with bridging finance?

    Quickfundz lends from $200,000 to $5 million, up to 70% of the value of the security property. Every loan is secured by a first registered mortgage.

    What interest rate applies to bridging finance?

    Rates range from 9% to 15% a year. Your rate is set when we assess the deal and is confirmed in writing in your letter of offer. You can pay the interest monthly or have it fully capitalised.

    How long is the loan term?

    Terms run from 3 to 24 months. The loan is repaid at the end of the term, usually from a sale or a refinance.

    Who can apply for bridging finance?

    Quickfundz lends to companies for business and commercial investment purposes. We do not lend to individuals for personal, domestic or household purposes. We lend Australia wide.

    Apply now

    Tell us about the deal.

    One question at a time. Give us the full picture once and we can assess the deal without going back and forth.

    Questions before you apply? Email the credit team. credit@quickfundz.com.au

    Your details go to Quickfundz only and are used to assess your application. Read our Privacy Policy.