Announcement
we’ve expanded our bridging loan criteria for trading businesses
As part of our latest updates, we’re pleased to announce an enhancement to our bridging loan criteria to support trading businesses.
Key Criteria:
Exit via Sale: We’re happy to consider applications where the exit strategy is a sale, subject to valuer confirmation of sufficient sales demand within the loan term.
Exit via Refinance: Where the exit is through refinancing, the business’s financial accounts must support eligibility for our Commercial Trading term products.