How bridging finance can help you consolidate and get to your goal

Background

Got clients juggling multiple loans – such as credit cards, personal loans, and mortgages? With the launch of extended terms (up to 24-months) and increased maximum loan limits (up to $10M), bridging now provides more breathing room than ever before to simplify repayments and regain financial control.

Let’s take a closer look at the loan scenario:

LVR: 60%
Loan amount: $720,000
Loan purpose: Consolidation of multiple debts ahead of selling and refinancing
Loan term: 12 months

Our Objective

To help the clients:

Use their existing home as security

Our Solution

We were able to consolidate multiple loans, including credit cards and a personal loan, were all consolidated into one.