The lender has launched a 24-month loan term, raised the amount customers can borrow, and introduced trail commissions for brokers.
Non-bank lender Bridgit has doubled its maximum loan term from 12 to 24 months and increased its loan limit from $8 million to $10 million.
The bridging finance lender said the change would benefit brokers by widening their pool of potential clients and improving capacity for greater deal flow.
Bridgit also announced the introduction of trail commissions, giving brokers trail for 24-month terms, in addition to the existing upfront commission.
The changes to terms and limits have been made to open Bridgit’s financing up to more property investors, renovators, house and land package buyers, and home buyers with long settlements, the company said.
Growth opportunities linked to property investors were particularly strong, Bridgit stressed, with annual investor volume growth outstripping that of owner-occupiers in July 2025.
Extended loan terms would also benefit regional and high-value property owners, who can more easily accommodate the extended settlement timelines that they may face when selling, according to Bridgit.
Aaron Bassin, Bridgit CEO and co-founder, said longer loan terms would give home owners more flexibility when moving.
“Extending our maximum loan term to 24 months and increasing our loan limit to $10 million is another example of how Bridgit is creating more access to bridging finance and creating new ways homeowners can utilise their property equity,” Bassin said.
“These changes will allow more Australians to access the equity in their properties and give them more flexibility and freedom for their next move.
“For brokers, longer terms, higher limits, and the introduction of trail commissions mean more opportunities to serve their clients, build stronger long-term relationships, and secure additional, ongoing sustainable revenue streams.”
Bridgit has made several changes aimed at boosting growth this year.
Earlier this month, it joined the Yellow Brick Road lending panel, and in Jul,y it recruited for a newly created chief revenue officer role.
The business has also launched new products this year, partnering with Connective Home Loans (CHL) and Aussie on white label lending products.
[Related: YBR adds Bridgit to lending panel]
