Brokers now have a new competitive advantage in bridging finance with the launch of Clinch, the latest brand from the AltX Financial Group.

Offering fast, flexible and transparent bridging loans backed by a streamlined digital application process, Clinch aims to ensure brokers can deliver their clients the most competitive deal.

Specialising exclusively in consumer bridging solutions, Clinch is designed to help clients secure their next property before selling their current one, whether upsizing, downsizing or accessing equity.

“With the backing of AltX Financial Group, Clinch combines the agility of a specialist lender with the strength and stability of a well-established industry leader,” says AltX Financial Group Co-CEO and Co-Founder Steve Beinart.

“We have spent time developing a streamlined and efficient online application tool that allows brokers and borrowers to receive approvals within 10 minutes. We’ve also welcome James Green to lead the brand as CEO,” says Beinart.

Green brings extensive experience in specialist lending and a proven track record of delivering growth through emerging lending solution brands.

“Clinch exists to help brokers say ‘yes’ to more borrowers by removing the roadblocks of timing and funding,” says James Green, CEO of Clinch.

“Our technology platform gives brokers faster approvals, clearer communication and a smoother user experience. Our downsizing product offers competitive rates from 7.74%p.a* (Comparison Rate 7.87%p.a.#), loan terms up to 18 months, values up to $10m and LVRs up to 80%, ensuring brokers can offer flexible solutions with confidence.” 

The launch of Clinch to the market comes at a time when the Australian Bureau of Statistics reports* around 710,000 Australians intend to retire over the next five years – with many planning to downsize, relocate, or access equity as part of their transition into retirement. 

"We know that for many Australians approaching retirement, securing their next home is a key milestone," said Green.

"Clinch gives them the freedom to make that move when it’s right for them, not just when their current property sells. Brokers and customers want fast, upfront certainty. We deliver exactly that with competitive rates and a streamlined online application tool,” says Green.

Available to brokers now via clinchfinance.com.au.

For further media information and interview requests please contact:

Aoife Reilly, Group Marketing Manager

aoife.reilly@altx.com.au

0404 335 241

Notes to Editors: About Clinch

Clinch, an AltX Financial Group company, is an institutionally funded Australian non-bank lender, servicing brokers and bridging finance borrowers who value competitive pricing, responsive turnarounds, a flexible approach and funding certainty.

Since 2012, the AltX Financial Group has funded more than $6.5bn of property-backed transactions Australia-wide for property professionals, small to medium size businesses and SMSFs.

Source: Australian Bureau of Statistics: Retirement and Retirement Intentions, Australia

*Approved applicants only. Terms and conditions and fees and charges apply. All applications are subject to lending and approval criteria. #Comparison rate is based on a secured loan of $150,000 over a term of 25 years.