Bridgit passes A$1.7B in total debt funding as Macquarie increases its credit facility for buy-now-sell-later bridging loans

Sydney-based Bridgit said Macquarie Bank's Commodities and Global Markets Group has increased its existing credit facility, taking total funding from its two funders, Citi and Macquarie, to more than A$1.7 billion. The size of the increase was not disclosed.

Founded in 2021 by CEO Aaron Bassin and Nick Jacobs, Bridgit lends against home equity so owners can buy their next property before selling the current one, a model it has trademarked as Buy Now, Sell Later. Loans run up to A$10 million at loan-to-value ratios of up to 85%, with approvals in as little as 120 seconds through its ATLAS platform and ADAM decisioning engine.

Bridgit has supported more than A$8 billion of property transactions for over 10,000 homes, lending grew 168% from FY25 to FY26, submissions rose 28% quarter on quarter despite a slower property market, and it reports zero losses. In Q4 FY26 it financed 2% of Australian owner-occupier purchases excluding first-time buyers.

Bassin said the business is being built with the scale, profitability and governance to access public markets.