- Loan amount: $80,000 bridging loan
- Location: Sydney CBD
- Client: Independent restaurant preparing for lease renewal with mandatory renovations
- Problem: Needed fast funding to complete renovations while waiting on a business grant approval
- Solution: A short term bridging loan from Bridging Loans enabled them to stay open, complete works, and protect revenue
A popular restaurant in the heart of Sydney’s CBD was preparing for a critical lease renewal. As part of the terms, the landlord required a series of upgrades—new kitchen fit-out, plumbing compliance work, and some cosmetic improvements. The owners applied for a hospitality business grant to help fund the changes, but approval was delayed.
Timing was tight. Renovations had to be completed within 30 days or they risked losing their lease in a high-foot traffic location. The grant was approved in principle, but funds were still weeks away. Shutting the restaurant temporarily wasn’t an option. They couldn’t afford to lose regular customers or momentum.
Fast Support to Keep the Doors Open
The owners contacted Bridging Loans to explore a bridging loan. We reviewed their situation quickly—strong weekly turnover, grant confirmation letter, and a clear renovation plan with quotes from contractors. Within 24 hours, we approved an $80,000 short-term bridging loan secured against business assets and expected grant proceeds.
Funds were transferred in less than two business days. The restaurant stayed open while the kitchen and plumbing work was completed in stages during off-hours. The team kept serving customers, met the lease terms, and didn’t lose a single day of trade.
Three weeks later, the grant money was received and the loan was repaid in full, along with interest. It well within the agreed short-term loan period.
Bridging Loans supports business owners with fast, flexible bridging loans that help them move forward without disruption. Whether you're waiting on a grant, a settlement, or a delayed receivable, we provide real solutions that keep businesses like this Sydney CBD restaurant on track.