Spring Promotion - Bridging Loans
Assetline Reduced Interest Loan Terms and Conditions
Introduction
1. The promoter of this promotion (“the Offer”) is Assetline Investments Pty Ltd ACN 619 252 210 of Level 24, 101 Grafton Street, Bondi Junction NSW 2022.
2. Assetline offers reduced interest rates to Eligible Applicants, subject to the terms and conditions of the Offer
3. Eligible Applicants agree to be bound by these terms and conditions by applying for an Eligible Assetline Reduced Interest Loan.
4. Any Assetline offers to Eligible Applicants remain in the absolute and sole discretion of Assetline. Any application which is withdrawn will not be eligible for qualification despite resubmission.
Definitions
5. In these terms and conditions:
(a) Assetline means Assetline Investments Pty Ltd ACN 619 252 210 and includes any of its agents, contractors, subsidiaries and related parties from time to time;
(b) Applicant means the party named as a Borrower or Guarantor in respect to an application for an Assetline Reduced Interest Loan(s);
(c) Apply means you as an individual or co-borrower have applied via Assetline, Broker or Other third-party channels and Assetline has confirmed receipt of your application;
(d) Eligible Applicants means applicants that meet all the Eligibility Criteria as per the Eligibility Criteria section;
(e) Eligible Assetline Reduced Interest Loan means a Short-Term Loan agreement entered into by the Applicant to which this Offer applies and which meets the following eligibility parameters (the Eligibility Parameters):
Eligibility Parameters | |
|---|---|
Security Type | Residential |
Minimum Loan Size | $250,000.00 |
Maximum Loan Size | $10,000,000.00 |
Maximum loan to value ratio | 80% |
(f) Lower Interest Rate means the lower or discount interest rate as defined under an offer for an Eligible Assetline Reduced Interest Loan.
(g) Bridging means a loan for a product listed as a consumer bridging product on the Assetline website (https://assetline.com.au/products/bridging-loan) as amended from time to time.
Eligibility Criteria
6. You are eligible to participate in this Offer if:
(a) You Apply from 15 September 2025 to 31 December 2025;
(b) You are an Applicant in respect to the application(s);
(c) Your application(s) to Assetline relates to one or more Eligible Assetline Reduced Interest Loan which satisfy the Eligibility Parameters; and
(d) You drawdown that Eligible Assetline Reduced Interest Loan(s) within 30 days from applying.
Operation of Reduced Interest Rate
7. The reduced interest rate does not apply to any extended period of the Eligible Assetline Reduced Interest Loan beyond its initial term.
The Lower Interest Rate is fixed upon acceptance of the offer and will not be subject to renegotiation or further discounting during the loan term.
No Representations or Warranties
8. Except as required by law, Assetline makes no representations or warranties with respect to this Offer or any benefits or entitlements under the Offer.
Taxes and Duties
9. You acknowledge and agree that you are solely responsible for any taxation liability you may incur in relation to your participation in the Offer or your Eligible Assetline Reduced Interest Loan, and any associated taxation implications.
Exclusions
10. Without limiting any other provision of these terms and conditions, this Offer is not available in connection with, or in addition to, any other Assetline’s offer, promotion, rebate or benefit.
Variation and Termination
11. Assetline may vary these terms and conditions from time to time, including by:
(a) adding, withdrawing or substituting any benefits available to you under the Offer;
(b) varying the reduction of the reduced interest rate under this Offer;
(c) varying the period to which this Offer applies;
(d) changing the eligibility criteria or requirements that must be met to receive benefit of the interest reduction.
12. Assetline may terminate or withdraw this Offer at any time without prior notice.
13. Assetline may reject, cancel, or reverse any benefit conferred from the grant of the interest reduction if it has reasonable grounds to believe that a person’s conduct or dealings with respect to an Eligible Assetline Reduced Interest Loan, the Offer or any other dealings with Assetline may be fraudulent, misleading, deceptive, or in breach of any applicable law or regulation and may result in cancellation of the loan offer, legal action, or reporting to relevant authorities..
14. If you are not satisfied with any change or variation Assetline makes to the Offer, you can terminate your participation at any time by providing written notice to Assetline.
Other Matters
15. Assetline reserves the right to disqualify any person who participates in the Offer but does not comply with these terms and conditions or who tampers with the Offer process.
16. Failure by Assetline to enforce any of its rights at any stage does not constitute a waiver of those rights.
17. All applications for credit, are subject to Assetline’s credit approval criteria. Terms and conditions, fees and charges, and other eligibility criteria apply.
18. These promotional terms do not amend, override, or form part of the credit contract governing your Eligible Assetline
Reduced Interest Loan. In case of any conflict, the credit contract prevails. To the extent of any inconsistency between these terms and conditions and the terms and conditions of your Eligible Assetline Reduced Interest Loan, the terms and conditions of your Eligible Assetline Reduced Interest Loan prevail.
19. Assetline reserves the right to withdraw any benefit under this Offer if any information provided by the Applicant is found to be false, misleading, or incomplete.
20. Applicants must rely solely on written communications issued directly by Assetline. Any verbal or informal representations by brokers or third parties are not binding on Assetline.
21. Assetline recommends that Applicants seek independent financial or tax advice before participating in this Offer.
22. These terms and conditions are governed by the laws of New South Wales, Australia. Any disputes arising in connection with this Offer shall be subject to the exclusive jurisdiction of the courts of New South Wales.
23. If any provision of these terms and conditions is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
