Bridging Growth Finance
Bridging finance is typically short-term financing designed to help businesses bridge the gap between immediate financial needs and longer-term solutions. This versatile funding option can be used for various purposes, such as managing cash flow, funding expansion projects, or covering unexpected business expenses.
It provides borrowers with quick access to capital, allowing them to seize time-sensitive opportunities or overcome temporary financial constraints. It also offers flexibility and speed, making it ideal for property investors, developers, and businesses looking to capitalize on opportunities.
What To Expect
01 Customized Debt Option
Including flexible term loans and revolving credit lines, designed to suit each business's unique needs.
02 Long-Term Financing
That aligns closely with the business's strategic vision.
03 Dedicated Local Teams
Providing personalized service with a focus on regional needs.
04 Quick and Adaptable Funding
Enable business owners to seize opportunities promptly.
05 Transparent Processes
At every stage of the funding journey.
06 Offering Adaptable Funding Options
To accommodate various business needs.
Benefits of Growth Bridging Finance
Speedy Access to Funds
Bridge financing offers quick access to capital, allowing borrowers to seize time-sensitive opportunities or address urgent financial needs without the lengthy approval processes associated with traditional loans. This speed can be essential in competitive markets or when facing time constraints.
Flexible
Bridge loans are versatile and can be used for various purposes, including bridging the gap between the purchase of a new commercial property and the sale of an existing one or another long-term financing arrangement.
Temporary Solution
Bridge financing serves as a temporary financial solution, providing interim funding until a more permanent financing arrangement, such as a long-term mortgage or equity financing, can be secured. This temporary nature allows borrowers to meet immediate financial obligations while awaiting more stable funding options.
No Prepayment Penalties
Unlike traditional loans, bridge loans often do not have prepayment penalties. This means borrowers can repay the loan early without incurring additional fees, providing flexibility and potentially saving on interest costs if they secure permanent financing sooner than anticipated.
Creditworthiness Not Solely Based on Property
While property value is an essential factor in bridge loan approval, lenders also consider the borrower's overall financial situation and the viability of the exit strategy (how the borrower plans to repay the loan). This broader assessment may provide opportunities for borrowers with less-than-perfect credit or unconventional financial profiles to secure financing.
Bridging Finance with Zool: Full Transparency, Bespoke Solutions, and Fast Approval
Traditional bank loans can often be a source of frustration for businesses seeking financing.
From lengthy processes to a lack of customised options, these challenges can hinder growth and operational efficiency.
Lengthy Financing Processes
Businesses encounter delays in securing financing, affecting growth and efficiency.
Lack of Customised Financing Options
Specific business needs like franchise purchases and acquisitions are often overlooked.
Complex and Cumbersome Loan Applications
Intricate and time-consuming application processes deter businesses from seeking funding.
Strict Eligibility Criteria
Stringent requirements can exclude many businesses from accessing necessary funds.
Limited Flexibility
Traditional lenders often lack flexibility in loan terms and conditions, hindering business agility.
Poor Communication
Lack of clear communication and transparency leaves businesses uncertain about their loan status and terms.
What our customers are saying
- David, Borrower
- Joshua, Borrower
- Ben, Borrower
How Zool Capital Can Help You
We offer loans for
Vendor Finance and Project Finance
Migrant Business Finance
Business expansion
Franchise Purchase Franchise
Initial Inquiry and Assessment
Submit an initial inquiry or application, providing basic information about your business and financing requirements.
We will evaluate your application, assessing factors such as credit history, financial stability, and loan purpose.
Document Submission and Review
Once your initial inquiry is accepted, you’ll be required to submit detailed documentation, including financial statements, business plans, and collateral details.
We will review your documents to verify your financial health, assess risk, and determine the loan amount and terms you qualify for.
Approval and Offer
Closing and Disbursement
Once all paperwork is completed and funds are disbursed, you can start using the loan for its intended purpose.
Make timely repayments according to the agreed-upon schedule to maintain a positive relationship with the lender and ensure future access to financing opportunities.
Key lending criteria
$100K-$2M
70%
65%
1-36 (reviewed annually)
Options
- Principal and Interest
- Interest Only
- Capitalised Interest
- Assessment fee: $1200 (refundable at settlement)
- Settlement fee: From 1.9%
- Risk Based Pricing: From 1.8% Month
Increase Your Chances Of Approval With These Tips
Check Eligibility
Make sure you meet the criteria and fit within the scope of the loan you're applying for to avoid wasting time on unsuitable applications.
Define Your Project
Clearly outline the project and its potential impact to align with the grant's objectives, demonstrating why it deserves funding.
Justify Costs
Provide a breakdown of project costs and explain why they are necessary, ensuring transparency and accountability.
Set Clear Objectives
Define your goals and how achieving them will signify economic and social success as a result of the loan.
Establish a Timeline
Outline expected progress and milestones, which will be closely monitored if your application is successful and referenced within the application scope.
