A Mahogany Finance Bridging Loan provides short-term finance to help eligible customers purchase a property while waiting for another property sale or finance approval.
With monthly interest payments during the loan term, you can manage your cash flow while waiting for the expected funds to become available.
Why Choose Mahogany Finance for Bridging Finance?
Access the short-term funding you need to complete an important transaction.
Bridging loan terms of up to 12 months are available, depending on your application and approval.
Know what your interest payments will be with a fixed interest rate throughout the loan term.
Pay the interest monthly during the loan term, with the principal repaid according to the agreed loan conditions.
Our experienced team will work with you to understand your funding needs and repayment plan.
Benefits of a Bridging Loan
Access temporary finance to help you proceed with an important transaction while waiting for expected funds.
Manage a temporary funding gap without committing to long-term finance.
Take advantage of time-sensitive property or investment opportunities.
Prevent delays or collapses in transactions, benefiting buyers and sellers reliant on each other's deals.
Avoid unnecessary delays while waiting for a property sale or approved finance to be completed.
How to Apply
1.
Download and complete the Bridging Application Form.
2.
Provide the required financial and supporting documents.
3.
Submit your application to Mahogany Finance.
4.
Our team will assess your application and contact you regarding the next steps.
Frequently Asked Questions
A bridging loan is a short-term loan designed to cover a temporary funding gap while you wait for
money from a property sale, approved finance or another expected source.
Mahogany Finance provides short-term funding for an approved purpose. Interest is paid monthly
during the loan term, and the principal is repaid according to the agreed loan conditions.
A bridging loan may be used to purchase a property while waiting for another property sale to settle
or alternative finance to be approved.
Bridging loan terms of up to 12 months are available, depending on the application and approval.
The required documents will depend on your circumstances, the purpose of the loan, the security
offered and your proposed repayment plan. Contact our team for the complete requirements.
Contact us today to find out what our highly experienced team can do for your business.
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