Property sellers
Part of your net proceeds released once the transfer is lodged, rather than waiting out the Deeds Office. Settled by the transferring attorney on registration.
Dynamic Bridging Finance
We purchase pending property claims at a discount — transfer proceeds, agent and originator commission, conveyancing fees — and pay you today. Settlement comes from the attorney’s trust account on registration.
Indicative quotation
Our rate is 4,00% per 30 days, accrued daily on a simple basis over the outstanding balance. Both the payout date and the settlement date carry a charge.
Indicative only and not an offer. The discount accrues daily on a simple basis, inclusive of both the payout and settlement dates, and is calculated on the outstanding balance — so a part payment received early reduces what you pay. This is a purchase and resale of claim proceeds. It is not a loan, and no interest is charged.
What we bridge
In each case we buy the claim outright, take an irrevocable undertaking from the party holding the money, and resell the claim to you when it settles.
Part of your net proceeds released once the transfer is lodged, rather than waiting out the Deeds Office. Settled by the transferring attorney on registration.
Commission due on registration, advanced against the mandate and the attorney’s undertaking. Useful where a run of transfers all register in the same month.
Origination commission payable by the bank on registration, bridged against a confirmed commission schedule.
Your own fees on a lodged matter, advanced against the file. The cleanest transaction we write, and usually the fastest.
Any property-related bridging requirement where there is security and an identified settlement event. Considered individually.
Before you apply
Read the agreement before you sign it. If anything in it is unclear, ask us rather than assuming — we would rather answer the question now. Ask for any of these and we will send it straight back to you.
Talk to us
Tell us what is being sold, who is holding the money and when it is expected to register. We will tell you straight away whether we can help and roughly what it would cost.