Bridging Finance
The ideal solution when timing works against you
There’s often a timing gap between the sale and purchase of different assets (e.g. property).
As the name suggests, bridging finance covers this timing gap enabling you to secure the best possible price for your asset without rushing through the sale or missing out.
NWC Finance can arrange urgent bridging finance to help you purchase a new asset while your current asset/s are being sold or awaiting refinance. Offering flexible terms and competitive interest rates, we can tailor the right bridging finance solution to suit your circumstances
RECENT SCENARIO
Bridging finance for $7,400,000
Product Guide
1st Mortgages
- > Loans from $50k to $50m
- > Up to 70% LVR Maximum
- > Interest from 1% per Month
2nd Mortgages
- > Loans from $50k to $50m
- > Up to 70% LVR Maximum
- > Interest from 1% per Month
Cash Advance
- > Loans from $50k to $50m
- > Up to 60% LVR on wholesale value
- > Interest from 1% per Month
Plant & Equipment
- > Loans from $50k to $50m
- > Up to 70% LVR Maximum
- > Interest from 1% per Month
Minimum Term of 30 days – Maximum Term of 6 Months with roll-over – Interest can be capitalised within LVR guidelines – All Australian locations considered for 1st and 2nd mortgages and Plant and Equipment security
Let’s talk
To learn more about our immediate finance and short term funding solutions, please contact us on 02 9223 7181 or email us at [email protected].