Commercial Bridging Loan

Commercial Bridging Loan

At Ownright Custom Finance, we understand that every business is unique, and financing solutions should be tailored to fit individual needs. This is why we offer a Commercial Bridging Loan Calculator that allows you to estimate your borrowing capacity and loan repayments.

Our Commercial Bridging Loan Calculator is designed to help Australian businesses navigate the complexities of short-term lending, which can be challenging to understand. By using our calculator, you can determine whether a commercial bridging loan is the right solution for your business needs.

What is a Commercial Bridging Loan?

A commercial bridging loan is a type of short-term finance that businesses can use to fund a property purchase or refinance while waiting for the sale of their existing property. This type of loan can also be used for other business purposes, such as funding a new project or acquiring stock.

Commercial bridging loans are typically offered for a term of up to 12 months and are secured against the property being purchased or refinanced. Interest rates for bridging loans are typically higher than standard business loans due to the short-term nature of the loan.

Benefits of a Commercial Bridging Loan

Commercial bridging loans offer several benefits to businesses, including:
Quick access to funds: Bridging loans can be approved and funded quickly, allowing businesses to take advantage of time-sensitive opportunities.
Flexibility: Bridging loans can be used for a variety of purposes, including property purchases, refinancing, and business projects.
No monthly repayments: Unlike traditional business loans, bridging loans do not require monthly repayments. Instead, the loan is repaid in full at the end of the term.
Bridging finance can help to maintain cash flow: A bridging loan can help businesses maintain their cash flow while waiting for the sale of their existing property.

How to Use the Commercial Bridging Loan Calculator

Using our Commercial Bridging Loan Calculator is easy. Simply input the required details, including the loan amount, loan term, and interest rate, and the calculator will provide an estimate of your borrowing capacity and loan repayments.

The calculator is designed to be a guide only, and actual loan amounts and repayment terms may differ based on individual circumstances.

Eligibility criteria for business bridging loans

To be eligible for a business bridging loan from Ownright Custom Finance, you must meet the following criteria:
Your business must be registered in Australia
Your business must have been operating for at least 6 months
Your business must have a turnover of at least $100,000 per year
You must be able to provide security for a secured loan (if applicable)
You must be able to demonstrate the ability to repay the loan

Disclaimer: This is not an offer for a loan. the application needs to be submitted to the selected lender who will make the final credit assessment

Why Choose Ownright Custom Finance for Commercial Bridging Loans?

At Ownright Custom Finance, we understand that each business has unique needs and circumstances, and we work with you to tailor a commercial bridging loan that fits your specific requirements. Our experienced team of brokers will guide you through the entire process, from initial consultation to settlement, ensuring that you receive the best possible outcome.

We offer competitive interest rates and flexible loan terms, allowing you to find a loan that fits your business needs. Our Commercial Bridging Loan Calculator is a valuable tool that can help you estimate your borrowing capacity and loan repayments, giving you a better understanding of what you can afford.

In addition, we offer a range of other financing solutions, including business loans, equipment finance, and invoice finance, among others. Our team has extensive experience in the commercial finance industry and can provide you with expert advice and support throughout the process.

Ready to get the perfect loan?