Why speed matters here
Missing a settlement costs money every day through penalty interest and default notices, and in the worst case you can lose your deposit and the property or business. Private settlement rescue finance exists for exactly this.
How we can fund it
Property-secured
We secure the shortfall against the property being purchased, another property you own, or both. The exit is usually the bank finance catching up or a planned refinance.
Up to $5M · as little as 24 hrs · no financials
Cash-flow loan
Settlement rescue is almost always property-secured because of the amounts and timing involved.
From bank statements · as little as 2 hrs
What helps us move fastest
- Contract and settlement date
- Amount of the shortfall
- Status of your bank finance
- Details of all properties available as security
A commercial purchase with a late bank
A Brisbane accountant's bank approval for new premises stalled on a valuation query three days before settlement. We funded a $780,000 bridging first mortgage, settled on the contract date, and the bank refinanced it six weeks later.
Frequently asked questions
Can I get finance two days before settlement?
Often, yes. Call as early as possible. Loans can be funded in as little as 24 hours when the security is straightforward.
What does a settlement shortfall loan cost?
It's short-term private finance, so it's priced above bank rates but is usually far cheaper than penalty interest or losing a deposit. We'll show every cost in writing.
Can the loan be secured on the property I'm buying?
Yes, and often on another property you own as well, to get the amount you need.
Does it cost anything to apply?
No. There's no cost to apply or check your eligibility. All costs are set out in writing in your loan offer before you sign anything.
