Auction Finance

The adrenaline rush of property is hard to beat, filled with opportunities, competition, and the excitement of sealing a deal in real-time.  Auction finance is the key that unlocks these opportunities, providing the funding needed to secure properties quickly, often at below-market prices.

It is a short-term funding designed for property investors and developers to purchase properties at auctions. It is a financial lifeline for those seeking to seize opportunities without the lengthy process of traditional financing. Auction finance becomes essential when you want to act swiftly in competitive bidding situations or secure unique properties that don't qualify for conventional mortgages.

Bridgemore Capital offers a range of financing options designed to meet the demands of property auction. It is important that you speak with us to secure pre-approval before the specific auction which will also gain a competitive edge. This pre-approval provides you with a clear budget and helps you bid confidently.

How Does Auction Finance Work? - The 4-Step Auction Finance Process

1. Pre-Approval: Contact Bridgemore Capital before the auction to discuss your financing      needs and get pre-approved for a specific budget.
2. Auction Day: Attend the auction with confidence, knowing you have the financial backing      to secure the property.
3. Winning Bid: If you win the bid, notify us immediately, and we'll initiate the funding      process.
4. Completion: We provide the funds required to complete the purchase, allowing you to take possession of your new property swiftly.