Solve Temporary Funding Gaps with Commercial Bridge Lending
When your business needs capital now but the money hasn’t landed yet, commercial bridge lending is just what you need. No lengthy bank processes, no drawn-out approvals, just straightforward short-term funding from a team that knows how to get it sorted.
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Use our asset finance calculator to determine the repayments you can afford how much you should borrow. Usually, you’ll make a deposit on the item you wish to purchase, which acts as security. We then spread the rest across 60 months with monthly payments. Our fast loans are subject to credit checks in accordance with the responsible lending code of NZ.
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* This is an approximate loan duration and amount based on assumed adequate security u0026 collateral, job security, income, residence situation and positive references. This is subject to the New Zealand responsible lending code. Terms and conditions apply.
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With Quick Loans, our maximum loan term is 36 months, with affordable weekly or monthly loan payments. We offer competitive annual interest rates ranging from 9.95% to 26.95% p.a. depending on the purchase you’re making, your credit rating, and the loan duration. For full details on the loan agreement, including early repayment options, terms and conditions, establishment fees, and default interest rates, please see our Rates and Fees page.
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Before applying with Quick Loans, it’s important to understand our terms and conditions. By submitting an application, you consent to us collecting and securely storing your personal information. We aim to keep all the information on our website accurate and up to date. If you notice anything that doesn’t look quite right, please get in touch with us in writing and we’ll do our best to correct it promptly. All our loans are subject to the New Zealand Responsible Lending Code.
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Your personal information is protected with end-to-end encryption across all our web forms, keeping your data safe and secure throughout the application process. We handle all loan details with a high level of confidentiality, following strict security standards to prevent unauthorised access. We also fully comply with New Zealand’s privacy laws, ensuring you have complete transparency over how your data is collected, stored, and used. We don’t share your information with third parties without your consent. To learn more, please read our Privacy Policy, which outlines exactly how we protect and manage your personal information.
Types of Bridging Loans and their Uses
A commercial bridging loan isn’t just for new property. For many NZ businesses, it’s a practical tool for managing the gap between money going out and money coming in. When timing is the problem, bridging finance is often the solution.
Apply for Bridging Finance to Cover Funding Delays
Keep payroll, rent, utilities, and supplier invoices on track while waiting for a business loan, investor funds, or a large contract payment to land.
Get a Short-Term Influx of Cash During Slow Seasons
Businesses with quiet and busy periods can use bridging finance to stay fully operational during slow months, repaying when revenue picks back up.
Seize Time-Sensitive Opportunities for Buying Commercial Property in NZ
Act fast on discounted inventory, a new product launch, or a commercial property purchase before long-term finance is arranged for your existing property.
Use Short-Term Finance While Waiting on Invoices or Insurance Claims
Avoid disruption to operations while waiting on insurance payouts or large customer invoices that are confirmed but not yet cleared.
Secure a Property before Your Mortgage Application is Approved
Commit to a commercial purchase or development opportunity without losing the deal to delays in standard mortgage approval.
How Commercial Bridging Finance Works
A bridging loan is short-term funding designed to move fast and solve a specific timing problem. You borrow what you need, use it to keep momentum going, then repay it when your exit event arrives, whether that’s a refinance, an asset sale, or a confirmed incoming payment.
Loan Terms
Commercial bridging loans are short by design. Most run anywhere from a few weeks to around a year, though complex commercial deals can stretch to two or three years in less common circumstances.
Speed of Funding
Bridging finance is built for urgency. Approvals can happen within days rather than the weeks or months typical of standard business lending.
Your Exit Strategy
Lenders require a credible payment plan before approving any bridging loan. This might mean rolling into a longer-term facility once it’s arranged, settling from the proceeds of a property sale, or clearing the balance when a substantial confirmed payment hits your account.
Interest Rates and Fees
Because bridging loans move quickly and carry more risk than standard lending, rates are priced accordingly, expect to pay more than you would on a conventional business loan. Upfront costs including origination, legal, and valuation fees also apply, so your total borrowing cost is worth calculating carefully before you commit.
Interest-Only or Capitalised Terms – The Repayment Structures of Lenders
There are two main structures available. With a capitalised loan, interest and fees accumulate across the term, nothing is paid until the loan expires, at which point the full balance is settled in one payment. With an interest-only structure, you service the interest each month and repay the principal at the end of the term, with many lenders allowing extensions as long as monthly payments remain current.
Open vs Closed Bridging Loans
A closed bridging loan suits situations where your exit is already locked in, a confirmed settlement date or signed agreement that makes repayment predictable. An open bridging loan applies when repayment depends on an outcome still in progress, such as an unsold property or pending investment. The added uncertainty generally means slightly higher rates for the borrower.
How to Qualify for a Bridge Lending
Commercial bridging loans are secured against business assets. Acceptable security typically includes commercial premises, business vehicles, machinery, and specialist equipment, anything with clear, assessable value that the lender can hold against the loan. The amount advanced is calculated against the equity in that asset using a loan-to-value (LTV) or loan-to-cost (LTC) ratio.
At Quickloans, equity is the primary consideration. If sufficient equity exists in your security asset, approval is well within reach, and funds can be in your account within 24 hours. The stronger your collateral and exit plan, the smoother the process.
What You’ll Need to Apply
The application process is straightforward. To assess your commercial bridging loan, we’ll need the following:
- Valid photo ID for all directors or business owners
- Active NZBN registration
- Recent business bank statements
- Current rates notice for any property used as security
- Existing mortgage statement (if applicable)
- Financial statements or profit and loss summary
- A clear exit plan outlining how and when the loan will be repaid
The stronger your documentation, the faster your assessment moves. Having everything ready before you apply is the single most effective way to avoid delays.
Example Use of a Bridging Loan – Smith’s Retail Property Purchase
Mark Smith owns a homewares boutique in central Napier that has been trading successfully for four years. She currently leases her retail space, and her landlord has just informed her the building is going up for sale. The asking price is $700,000. He knows the location well. Foot traffic is strong, the space suits her business perfectly, and owning rather than leasing would eliminate rent increases and give her long-term security.
Her accountant has confirmed she can service a short-term loan for investment property comfortably. The problem is timing. His loan application is in progress, but loans for investment property typically takes ten to fourteen weeks to finalise. The vendor wants a decision within three weeks or the facility goes to the open market. Smith has $420,000 in equity in a separate commercial space she owns, which she can use as security.
She takes out a bridging loan for $280,000, the deposit and purchase costs needed to secure the property while her long-term property loan is arranged.
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The loan at a glance:
- Loan amount: $280,000
- Interest rate: 13% p.a. (1.0833% per month)
- Structure: Interest-only for 9 months
- Monthly interest payment: $3,033
- Total interest over term: $27,300
- Principal repaid at month 9: $280,000
- Total cost of bridging loan: $307,300
Exit plan
Ngareta’s exit is her approved commercial mortgage. Once her long-term lending is confirmed, anticipated around week eleven — the mortgage funds are used to repay the $280,000 principal, closing the bridge funding. The $3,033 monthly interest payments keep the bridge current in the meantime. From that point, Ngareta services a single commercial mortgage on a property she now owns, replacing her rent obligation entirely.
What happens next
- Ngareta secures the property before it hits open market, avoiding a competitive auction
- Her commercial mortgage is approved at week eleven and refinances the bridging loan
- She moves from paying $4,800 per month in rent to servicing a mortgage on a property she owns outright
- Over ten years, eliminating rent saves her approximately $576,000 — making the $27,300 bridging cost a straightforward business decision
- She also gains a commercial asset that appreciates independently of her retail business
Questions to Ask Before Applying for a Commercial Bridging Loan
Bridging finance can be the right call. But only if the numbers and timing actually stack up for your business. Answer these questions before you apply for one.
How Long Do You Genuinely Need the Funds?
Be realistic about your timeline, and then add a buffer. If your exit event runs late, you’ll still be paying interest.
Do You Have Sufficient Equity in Your Collateral?
The loan amount available to you is directly tied to the equity in your security property, equipment, or other asset. If that equity is thin, your borrowing capacity will be limited regardless of how strong your business case is.
What is Your Exit Strategy?
Identify the specific event that will repay the loan, a property settlement, incoming contract payment, or refinance into a longer-term loan. Vague plans aren’t enough. Lenders need clarity, and so do you.
When Will Your Funds Arrive, Even as a Worst Case Scenario?
Assume delays. If the payment lands two months later than expected, or comes in lower than anticipated, can the business still manage?
Can Your Business Handle the Cost if Things are Delayed?
Bridging loans carry higher rates than standard business lending. If the term extends beyond what you planned, those costs accumulate quickly. Make sure your cash flow can absorb the interest and fees without disrupting day-to-day operations.
Have You Considered Alternatives to Bridging Loans?
Bridging finance isn’t always the only option. Depending on your situation, other funding tools, such as an overdraft, invoice financing, or a revolving credit facility, or a plain old business loan may cover the same gap with a lower total cost. They each come with their own limitations around speed and accessibility, so it’s worth a proper comparison before you commit.
Example Use of a Bridge Financing, Andrews Refrigerated Transport Business
Andrew runs a small refrigerated transport company based in Hamilton, delivering produce and chilled goods to supermarkets and food distributors across the Waikato. His fleet of three refrigerated trucks keeps the business running, but one of his units has been breaking down repeatedly, costing him in repairs, missed deliveries, and client goodwill.
A new refrigerated truck would solve the problem immediately. The vehicle he needs costs $45,000. The issue? Andrew has a large equipment finance application lodged with his bank, but approval is still six to eight weeks away. A key client has just offered him an expanded delivery contract, one that requires a reliable fourth vehicle starting next month. If he can’t commit, the client will go elsewhere.
Andrew takes out a bridging loan secured against his existing commercial vehicle assets while he waits for the bank facility to come through.
The loan at a glance:
- Loan amount: $45,000
- Interest rate: 18% p.a. (1.5% per month)
- Structure: Interest-only for 6 months
- Monthly interest payment: $675
- Total interest over term: $4,050
- Principal repaid at month 6: $45,000
- Total cost of bridging loan: $49,050
Exit strategy
Andrew’s exit is his pending bank equipment finance approval. Once the facility is confirmed, expected around week seven, those funds repay the $45,000 principal in full. The bridging loan closes, and Andrew transitions onto his standard equipment finance terms. The $675 monthly interest payments service the bridge in the meantime, keeping the loan current until that repayment event arrives.
What happens next:
- Tāmati purchases the refrigerated truck immediately and commits to the new client contract
- The expanded contract generates an additional $6,200 per month in revenue
- His bank facility is approved at week seven, he uses those funds to repay the $45,000 principal
- Over six months, the new contract brings in $37,200 in additional revenue against a bridging cost of $4,050 in interest
- Net gain after bridging costs: over $33,000, well ahead of waiting two months and losing the contract entirely
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APPLY NOWFAQs about Short-Term Bridging Loans
What are business bridging loans NZ?
A commercial bridging loan is short-term business funding designed to cover a financial gap until a specific repayment event arrives, such as a confirmed incoming payment, a property settlement, or a longer-term finance approval. It gives your business access to capital quickly, without waiting on slower traditional lending processes.
How is a commercial bridge loan different from a standard business loan?
The key differences are speed, term length, and purpose. A bridging loan is designed to move fast, sometimes funded within 24 hours, and is intended to cover a specific short-term gap rather than fund long-term growth. Standard business loans typically take longer to arrange, run over longer terms, and are priced lower. Bridging loans carry higher rates to reflect the speed of access and the short-term nature of the lending.
What can a commercial bridge loan be used for?
Bridging finance can be used for any legitimate business purpose, including covering operating costs while awaiting a large payment, purchasing commercial property before long-term finance is in place, acquiring equipment or machinery, funding time-sensitive opportunities, or smoothing seasonal cash flow gaps.
What security is required?
Most commercial bridging loans are secured against a business asset, commonly commercial property, but also business vehicles, machinery, or specialist equipment. The amount available to borrow is assessed against the equity in that asset. Generally speaking, if there is sufficient equity, approval is well within reach regardless of other factors.
How much can I borrow?
Loan amounts vary depending on the value of your security asset and the lender’s LTV (loan-to-value) ratio. Lenders typically advance up to 75% of the assessed value of the security, less any existing debt secured against it. The stronger your equity position, the more you can access.
How quickly can I get the funds?
Bridging finance is built for speed. In straightforward cases with clean documentation, funds can be available within 24 hours of approval. More complex applications may take a few days to a week. Having all your documents ready at the time of application is the single most effective way to avoid delays.
What are the interest rates on a commercial bridging loan?
Rates vary by lender, loan size, security type, and risk profile. Because bridging loans are short-term and funded quickly, rates are higher than standard business lending. Upfront fees, including establishment, legal, and valuation costs, also apply and should be factored into your total borrowing cost before you commit.
What repayment structures are available?
There are two main options. An interest-only structure requires monthly interest payments throughout the term, with the full principal repaid at expiry, and many lenders will allow term extensions as long as interest payments remain current. A capitalised structure rolls all interest and fees into the loan balance, with nothing payable until the loan expires and the full amount settled in one payment. The right structure depends on your cash flow during the bridging period.
What is an exit strategy and why does it matter?
An exit strategy is your documented plan for repaying the loan, the specific event that will clear the balance. Common exits include refinancing into a longer-term facility, receiving proceeds from a property or asset sale, or a known large incoming payment. Lenders require a credible exit strategy before approving any bridging loan. A vague plan will slow your application or result in a decline.
What’s the difference between an open and closed bridging loan?
A closed bridging loan is used when your repayment event is already confirmed, for example, a signed sale contract with a settlement date locked in. An open bridging loan applies when repayment depends on an outcome still in progress, such as a property yet to sell or a funding round not yet finalised. Open loans carry slightly more risk for the lender, which is typically reflected in the rate.
Does my business credit history affect my application?
For property-secured bridging loans, equity in the security asset is the primary consideration rather than credit history. A sound exit strategy and sufficient equity carry more weight than a perfect credit record. That said, lenders will still look at your overall financial position as part of their assessment.
Can I get a bridging loan if I already have an existing mortgage on my security property?
Yes, provided there is sufficient equity remaining after accounting for the outstanding mortgage. The lender will calculate the net equity available and size the loan accordingly. You will need to provide a current mortgage statement as part of your application.
What happens if my exit event is delayed?
If your repayment source takes longer than expected to arrive, many lenders will consider extending the loan term, particularly on interest-only structures where monthly payments remain current. It is worth discussing this scenario with your lender upfront and ensuring your business can comfortably service the interest if timing slips. This is also why stress-testing your exit timeline before you apply is strongly recommended.
How do I apply?
The application process is straightforward. You’ll need your photo ID, NZBN, recent business bank statements, a rates notice for the security property, an existing mortgage statement if applicable, basic financial statements, and a clear written exit strategy. Once all documents are in order, assessments can be completed quickly and funds released without delay.
Is bridge lending right for my business?
It depends on your situation. Bridging finance works best when the timing gap is specific, the exit strategy is credible, and the cost of the loan is clearly outweighed by the opportunity or problem it solves. If you’re unsure, speaking with one of our team before applying is the best place to start, we can help you assess whether bridging finance is the right fit or whether another product better suits your needs.
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