Discover how Aquamore’s Bridging Finance can Help you Achieve Your Business Objectives
Aquamore is experienced in securing bridge loans for Australian businesses with excellent terms and fast approval rates. Bridging finance can be the ideal solution to retain a competitive advantage in increasingly crowded commercial markets. The ability to remain agile, to diversify and to be flexible can be essential for financial success when it comes to your business. Obtaining a bridge loan is often a viable option if you need to move quickly and require short term finance to keep a project from stalling. Unlike traditional lenders, Aquamore can provide exclusive access to lenders not available via mainstream avenues. Find out more about how we can support you in driving growth for your commercial venture.
Frequently Asked Questions relating to Aquamore’s bridge loan financing
How does a bridge loan work?
Bridging finance works by plugging a financial gap between an outgoing of funds required before an influx of cash through a completion, sale or acquisition of longer-term funding. This type of finance is often used by property developers where a project’s success can often be heavily time-sensitive. A developer may have immediate outgoings owed for building and construction materials but may be waiting for finalisation of their commercial real estate loan. In this instance, they may opt to apply for a bridge loan in order to keep their project running to a predefined timeline.
Is a bridge loan right for my circumstances?
Depending on your commercial project, a bridge loan could give you quick access to capital in order to remain operational while you wait for the finalisation of longer-term funding. A member of our expert Aquamore team will be able to provide guidance as to whether a bridging loan is best suited to your situation.
What other financial products does Aquamore offer?
At Aquamore, we specialise in providing commercial funding through access to a range of lenders that wouldn’t otherwise be available. This funding comes in a range of forms and includes development finance that can assist property developers through the provision of construction loans, 1st and 2nd mortgage finance options and caveat loans. We also offer access to secured business loans for small businesses in addition to other types of commercial finance. Speak to a member of our executive team today to find out how we can help you drive growth for your business.
Is Aquamore the right financial partner for me?
Since we began operating in 2016, the Aquamore team has secured in excess of AUD$100million in capital for Australian businesses. With a wealth of talent on the team, Aquamore can offer expertise in taxation law as well as business, finance and property management. To understand how our loans work in practice, here’s a case study demonstrating a previous arrangement secured for a client:
Total Loan Amount: AUD$910,000
Loan Requirement: Business working capital
Loan Duration: 3 months
Project Summary: An NSW packaging business required a working capital facility. The business has been established for nearly 50 years and specialises in the food, nutritional and industrial packaging sector.
Key Terms: Loan to Value Ratio (LVR) = 65%. Interest serviced monthly
Recourse: First registered mortgage security over a residential property in Carlingford, NSW. First Ranking General Security Agreement over all the assets and undertakings of the Borrower. Share Mortgage over the Borrower. Directors’ and/or Personal Guarantees of the Borrower.
To find out how Aquamore could help you to fulfil your commercial potential through the acquisition of bridging finance, you can contact us by calling or by email. Get in touch today to discuss arranging a face to face appointment at our Head Office in Sydney’s CBD. Or Apply Now via our online application form.