Scenario
Bridging Finance for a Fast Settlement
When a purchase must settle before longer-term finance or sale proceeds are available, a bridging loan fills the gap. Vía Private lends $1,000,000 to $20,000,000 against completed property at up to 75% LVR in metro locations, targeting settlement within 5 to 10 business days of complete documentation.
Who this suits
- ✓A purchaser whose bank approval will not be ready before the settlement deadline, and who risks losing the deposit
- ✓A buyer who needs to secure a new property before their existing one is sold
- ✓A borrower whose current lender has issued a demand or default notice and who must refinance in days, not weeks
- ✓A business owner needing property-secured working capital at short notice
- ✓Estates, probate, or legal complexity where a bank cannot move inside the timeline
How it typically runs
Step 1
Submit the scenario
The broker submits the deal with the security, amount, timeline and exit. For straightforward bridging deals, indicative terms can come back within hours, and within 24 business hours for a complete submission.
Step 2
Valuation and documentation
Vía Private confirms the as-is security value and issues a formal Letter of Offer. Legals run in parallel with the valuation to protect the timeline.
Step 3
Settlement in days
A registered first mortgage bridging loan targets settlement within 5 to 10 business days of complete documentation. Caveat facilities can move faster where the deadline demands it.
What we need for indicative terms
We aim to give indicative terms within 24 business hours of a complete submission.
- ✓Brief scenario summary: what the funds are for and by when
- ✓Property details: address, type, current use, and tenancy if applicable
- ✓Current valuation or recent sale evidence
- ✓Existing encumbrances: lender name, balance, and limit
- ✓Loan amount requested and desired term
- ✓Exit strategy: sale, refinance, or a defined liquidity event
Common questions
How fast can settlement actually happen?
Within 5 to 10 business days of complete documentation for a registered first mortgage bridging loan with clean title. Where urgency is extreme, a caveat facility can settle faster; it is quicker to establish but suited only to very short-term situations.
What makes a bridging submission fast to approve?
Completeness. A submission with the property details, current valuation or sale evidence, existing encumbrances, loan amount, and a documented exit gets indicative terms within 24 business hours. The single biggest cause of delay is missing senior-debt or title information.
What exit does a bridging loan need?
A credible, documented exit at the time of application: sale of the security property, sale of another property, or refinance to a bank or long-term facility. The exit is assessed before anything else.
Will Vía Private bridge against a property still under construction?
No. Lending is against completed property only, valued as-is. Construction, development sites, vacant land and "as if complete" valuations are all outside policy.
Have a scenario like this?
If a settlement deadline is at risk, send the scenario through today. Straightforward bridging deals can have indicative terms back within hours.