When you need bridging finance urgently, private lenders can approve and settle within days rather than weeks.
What is Urgent Bridging Finance?
Urgent bridging finance is fast-tracked bridging loans for time-critical property situations with approval and settlement within 7-14 days.
Urgent Bridging Scenarios
Common Urgent Needs:
1. Auction Win
- Won auction Friday
- Settlement due in 7 days
- Need funds immediately
2. Settlement Shortfall
- Sale delayed
- Purchase settlement tomorrow
- Missing $200,000
3. Contract About to Lapse
- 14-day cooling-off expiring
- Lose deposit if don't settle
- Need urgent funding
4. Opportunity Property
- Off-market deal
- Seller wants quick settlement
- Will sell to someone else if delay
How Fast Can You Get Bridging Finance?
Private Lender Timeline:
Day 1: Apply, provide property details Day 2-3: Desktop valuation, initial approval Day 4-5: Legal documents prepared Day 6-7: Settlement
Fastest: 48-72 hours possible for caveat-based bridging
Bank Timeline: 3-6 weeks (too slow for urgent)
Urgent Bridging Rates
Speed Premium:
- Standard bridging: 1.5-2% per month
- Urgent bridging: 2-3% per month
- Ultra-urgent (<48hr): 3-4% per month
Why higher?
- Lender takes on rush risk
- Limited due diligence time
- Priority processing
Example: $400,000 urgent bridge for 3 months:
- Rate: 2.5%/month = $10,000/month
- 3 months: $30,000 interest
- Fees: $10,000
- Total: $40,000
Worth it if it saves a $50,000 deposit or secures perfect property
Requirements for Fast Approval
✅ Strong equity (30-40%+) ✅ Clean title (no complications) ✅ Standard property type ✅ Clear exit strategy ✅ All documents ready immediately
Documents to Have Ready:
- ID (driver's license, passport)
- Property details (both properties)
- Existing loan statements
- Rates notices
- Purchase contract
- Sale contract (if selling)
How to Get Urgent Bridging Fast
Step 1: Contact Multiple Lenders Immediately
- Don't wait for one
- Contact 3-5 lenders simultaneously
- Explain urgency
Step 2: Provide All Info Upfront
- Don't drip-feed information
- Give everything on Day 1
- Respond to queries within hours
Step 3: Accept Desktop Valuation
- Faster than full inspection
- Slight LVR penalty but worth speed
Step 4: Have Legal Ready
- Use lender's recommended solicitor (faster)
- Or alert your solicitor to urgency
Step 5: Be Available
- Return calls immediately
- Sign documents same day
- Don't delay anything
Need urgent bridging now? Connect with fast bridging lenders.