Funding.com.au is a great option for fast, simple bridging, business and building loans secured by property.

Funding lends for business and personal use, and can do both NCCP and non NCCP applications, with loan terms up to 36 months and with rates starting from 6.95%

• Funding is fast with 2 hour accreditations, 48 hour approvals and settlements within 6- 10 days
• Funding is Gold Coast based with direct access to credit and national BDM teams.
• Funding has online lodgement in FLEX and offer 1% commission with no clawbacks.

Specialising in event based lending, Funding are here to help your clients during stressful times. The benefit of Funding’s bridging loan allows clients to purchase before they have sold their current property.

Funding Bridging Loans can support asset to asset purchases, urgent settlements, equity release or cash out for property purchases, as well as interim finance.

Funding can also consider any development applications you may have. Funding can lend to both existing and newly created Special Purpose Vehicles (SPV’s) and incomplete constructions. Funding will consider development opportunities (up to 20 units), landbanks, development site acquisitions, subdivisions and Owner Builders.

Here a few examples of applications Funding have recently settled:

Bridging Finance - Completing one development before could sell down and start next development

Equity Release - Older demographic, a lot of assets, minimal cash flow, no end debt

Interim Finance - Large property portfolio, good income but couldn't service additional debt, planned to sell down portfolio over 1-2 years

Business Cash Flow - Equity cash out business cashflow (against resi property within customers portfolio)

Commercial Purchase - Company looking to purchase cafe new entity had no trading history

Owner Builder - Incomplete construction owner-builder, funds to finish construction

Development - Multi unit development (12x units, incomplete) - funds to complete

Please call National BDM Nathan Armstrong on 0480 319 850 or nathan@funding.com.au to discuss further.