This marks one of the latest aggregator partnership for Bridgit and expands its total network to more than 3400 brokers. outsource Financial (outsource), alone, works with more than 1000 brokers.
Bridgit’s bridging finance solution has had strong take-up since it launched in 2021, in response to a lagging industry and consumers paying the price for traditional slow and manual finance processes. It offers a simple online loan application, approval within 24 hours and three-months interest free. To date, it has processed more than USD 1.5 billion in bridging loan applications.
Commenting on the partnership, officials from Bridgit said the two companies share a similar outlook and values and they believe that this collaboration will be vital in expanding Bridgit’s offering to more brokers and Australian homeowners. outsource Financial’s educational programme for brokers will be enhanced by Bridgit’s extensive knowledge in all aspects of bridging finance.
According to outsource, the company has been focused on upskilling its brokers in technology tools, so it made sense for them to partner with the tech-driven non-bank lender, who are also pioneering property lending through a new style of bridging loans.
Bridgit’s mission is to revolutionise property financing and offer Australians a solution that helps them progress in life, without any of the red tape.
When it comes to buying property it can be very competitive and difficult to find the perfect home. A Bridgit loan is an option for homeowners who want to buy on their terms by finding their next home without having to sell first.
Through the use of technology, Bridgit makes it easy with a 5 minute online application, same day approval, and no monthly repayments so one can focus on the important things.
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