SFG members gain access to Bridgit’s high-LVR bridging loans for first time
Bridging loans specialist Bridgit has been added to Specialist Finance Group (SFG)’s lender panel, effective immediately.
Through the partnership, SFG brokers are able to access Bridgit's full product suite and technology platform.
Stephen Doyle (pictured), chief commercial officer at Bridgit, said the partnership marks another step in Bridgit’s growth strategy and reflects Bridgit’s broker-led approach.
“Partnering with SFG is an important step for Bridgit because it expands our access to a strong and growing broker network across the country,” said Doyle.
“We have built Bridgit around what brokers need most – speed, flexibility and ease – and we are always striving to create greater access and value for them. We’re excited to bring that value and innovation to SFG’s 1,200-plus members,” he added.
SFG general manager Blake Buchanan said: “Bridging is and will continue to be a growing need for many of our broker clients. Our role as an aggregator is to equip brokers with the breadth of solutions they need to deliver great client outcomes.
“Bridgit enhances that capability by providing a flexible, non-traditional option that can solve real problems for clients who may not fit within standard lending parameters.”
Bridgit is in the midst of a strong growth period.
Last September, it joined the lender panel of mortgage aggregator Yellow Brick Road, shortly after partnering with Australia’s largest mortgage aggregator LMG on co-branded bridging product Bridgit by LMG.
Earlier this year, Bridgit bought out a market-first 85% LVR bridging product in response to surging demand from brokers and borrowers for more flexible bridging options.
“We entered the market with a clear view that bridging finance needed to focus on speed, transparency and technology,” Doyle told MPA in a recent interview.
When Bridgit launched in 2021, “bridging was poorly understood, inconsistently delivered and often treated as a niche or last-resort product. We saw an opportunity to modernise the experience and design a solution that actually matched how brokers and borrowers operate”, added Doyle.
