Generally, most people sell their original property first, then purchase their new property. But sometimes life doesn’t work that way. Bridging finance covers the gap between the purchase of the new property and the settlement of the old. Bridging finance may be the funding solution for your needs.
Timing isn’t always perfect in the property market. Opportunities can come up quickly and require you to act with urgency, our bridging loans can help you take advantage of those opportunities as they arise.
Bridge funding is an interest-only loan with a short, limited loan term. The interest can be capitalised, giving you some financial breathing space while you wait for the sale of your property. There is also the possibility that you can borrow up to 100% of the purchase price of the new property.
Bridging finance works for you to maintain your obligations during the period between the purchase and sale of a property. A bridging loan could mean you can avoid having to move into a rental property to cover the timing difference. It means you don’t have to worry about finding the new property in a hurry, allowing you to time the market to your advantage.
Quality bridge loans give you the opportunity to take advantage of a rising market, allowing you to get more bang for your buck on your purchase and making more from your sale. When the current property sells, the bridge loan is either paid out in full or converts to a regular commercial loan facility with a longer term.
Thank you IBN for a great start to my day, breakfast with John Anderson, WOW!!! Every person in that room left in awe and touched by a Man driven by an idea. I see things differently now.
IBN is our introducer of choice and I would encourage brokers to join IBN’s network
IBN provides a fantastic service and I would recommend them to anyone.
I would have no hesitation is recommending IBN for future transactions that are difficult to place for your customers.
They are truly a team of hardworking, honest and ethical individuals that have a passion for what they do.
Nothing is too much trouble for the team at IBN and the services that they offer to both the client and the funder are second to none.
We had just over a week to come up with some funds... and they did! The solution was in place and ready to settle a few days later.
Thank you for a great start to my day, breakfast with John Anderson, WOW!!! Every person in that room left in awe and touched by a Man driven by an idea.
Bridging finance is an interest-only loan with a short, limited loan term, designed to give the borrower some financial breathing space while waiting for the sale of one property and the purchase of another.
A bridge loan is set to meet the needs of the borrower and the expected settlement dates of the properties involved. Generally, a bridge loan is good for up to 12 months, but this will be assessed on a case by case basis.
Bridging loans can be obtained through private lenders, and traditional sources of funding, like a bank or building society.
A bridge loan fills a funding gap between the sale of one property and the purchase of another. A bridge loan is an interest-only loan with a short, limited loan term. The interest can be capitalised, giving you some financial breathing space while you wait for the sale of your property. There is also the possibility that you can borrow up to 100% of the purchase price of the new property.
This will depend on the amount you need to borrow and the value of each of the properties you are bridging between. Other factors may also be taken into account such as the expected term of the loan and the repayment capability of the borrower.
Bridge loans are useful for meeting a funding gap between the sale of one property and the purchase of another.
We present options that others didn’t know existed
We search for solutions and enjoy the challenge of complex loans
We understand the complexities and requirements for a commercial loan application.
We explain our cost-structure from the outset so that you know what to expect.
As a guest of IBN at their recent Allan Pease speaking event, I was genuinely amazed at the global experience Allan shared with the room. Thank you to Scott and Fiona Roberts (and the whole IBN team) for the passion you share with the Sunshine Coast business community. Brilliant work!
I found Allan Pease to be a highly entertaining and amusing speaker and one who gives an insight into peoples feelings and attitudes being expressed by their facial and body actions. I am looking forward to more excellent speakers in 2016.
Thank you to Fiona for inviting me to the event on Wednesday night to listen to Sarina Russo, not only was the talk interesting but the people I met were great company and I learnt much.
Thanks so much to Fiona and IBN Direct for the invitation to the Sarina Russo Think Speakers event. It was great to be surrounded by so many wonderful local business people and hear the highs and lows of Sarina's journey.
Thank you IBN for inviting me to your latest evening to inspire with Sarina Russo. It was a fabulous night of positivity with inspiration, networking over great food and company. I received so much from it personally to take away and implement into my business and every day way of life. I can’t wait for the next event!
Thanks to IBN for the invite to a yet another great event. Glenn Cooper provided some wonderful insights into the history, structure and challenges of Coopers Brewery since its humble beginnings 150 years ago. Thanks again and to Scott Roberts for hosting us at breakfast.
Today, I was invited by IBN Direct- Scott Roberts to breakfast with Glenn Copper from Coopers Brewing. I thought I was going to learn about my favourite wind down.. Beer. But, I was inspired by a Family owned business who cares about their brand and family values. The same as IBN Direct to its customers. Thanks Scott & Fiona.
Many thanks to Scott and the IBN team for the invitation to see Glenn Cooper speak at the breakfast event recently. He was a great story teller and gave me plenty to think about – very inspirational as well.
The speakers were excellent and engaging, guided by a charismatic and knowledgeable MC. A unique opportunity to get up close and personal with such sporting legends. Thank you IBN Direct.
Great day thanks Scott, I always meet other like minded professionals to build referral relationships with and the entertainment, food & company tops it off for an awesome event. Thanks so much for the invite up and for continually running these gottogoto events!
It is really wonderful that IBN is getting behind ‘Think Speakers and Events’ and ‘Profile’ magazine. Lisa Wilkinson was an excellent speaker and it was a great privilege to have dinner with her. Thank you IBN for the opportunity.
Loved the Event! Inspiring, uplifting ...a whole room jammed full of positive! Thanks so much for the invite IBN , stayed in a positive mindset for the whole week! Perfect for team building and personal empowerment. Have been privileged to see 3 amazing speakers and each has lifted the soul to greater heights. Many, many thanks.
IBN always go that one step further to achieve an outcome. If at all possible, they achieve results for their clients. Communication channels are an extremely important part of this business, and IBN have an excellent system. Dealing with IBN is professional, at the same time keeping the personal touch as its focus.
I have utilised Scott’s services on a number of occasions, to assist with complex or unusual finance applications where I was not able to assist my clients. Scott was able to assist me on each occasion, and made the process simple and allowed me to keep my clients happy with their needs met as required. I have no hesitation in recommending Scott.