What are bridging loans?
Bridging loans are short term loans. These loans can be applied to bridge the financial gap between a sale and purchase of any of your asset. These loans are ideal for those who are planning to sell their existing property and buy a new one.
Will I need to pledge any collateral?
Though bridging loans are short termed, they are secured form of loans. Thus, pledging of collateral is inescapable when you apply for these loans.
How much can I borrow?
The amount of money that you can borrow will depend on your cash need and repayment ability.
Can I spend the approved money for any purpose?
Yes, you are free to spend the approved money for any financial problem encountered while buying a property.
My credit rating is not favourable. Can I still apply?
Of course you can apply with us no matter how bad your current credit status is.
Can I cancel my application without notice?
Yes, you are free to cancel your application at any time as you are under no obligation with us.
What should I do if I need additional information?
For any further information or queries, feel free to contact us at any time.
The operator of this website is not a lender and does not make credit decisions. The information you provide will be used in securing you a payday loan with one of our carefully selected panel of leading Payday Loan Lenders in Australia. The personal, financial and employment information that we collect is stored electronically during the duration of the application and is removed from our system upon acceptance from the lender.
Please note that payday loans are meant to be used for short term financial emergencies and are not designed to provide long term solutions
We expect you to repay your loan on the date agreed, so if you do not think you are in a position to make your repayment, please do not apply with us in the first place. It is not worth risking your credit rating for such a small amount.