Estate Agent, property for sale, Bank Loans
Property Related Bridging Finance:
We provide short-term -cash flow solutions for property transactions. We release up to 80% of available funds from property transactions to qualified clients, against an undertaking for payment by the conveyancer tasked with registration of the property transaction in the Deeds Office.
Asset Back Finance:
This suits clients who require a short-term loan for business purposes and have sufficient real estate assets to offer as security.
Asset-backed finance structures help clients to access shorter term capital without liquidating assets. As we have less bureaucracy than traditional banks, we advance money within shorter time frames. Put simply, we only grant loans to clients who have a clear means to settle the loan, and we must be satisfied with the settlement mechanism at the outset. We tailor the loan terms to suit the particular client, depending on how and when the exit mechanism will occur, and any other relevant considerations. We grant a maximum loan of 40% of the value of the security assets, and loans are approved for a maximum of 12 - 24 months. The interest rate applied depends on normal credit criteria, including the size and type of the loan, the risk involved and the nature and liquidity of the underlying asset or transaction.
Merchant finance is short term unsecured finance to businesses such as fuel retailers, restaurants, shops, beauty salons, and similar businesses.
To qualify, a business must have regular business cash flow (eg. daily), have annual gross turnover in excess of R1 million and a track record of no less than 12 months. Loans from R50,000 to R1,5 million are considered.
Merchant finance is short term business finance over 6 to 12 months that does not require fixed security. Repayment is flexible, and can be calculated as a fixed periodic amount or as a percentage of daily sales. It is fast finance to apply for – the time from application to pay-out can be as short as 5 business days.
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Merchant Finance: Merchant finance is short term unsecured finance to businesses such as fuel retailers, restaurants, shops, beauty salons, and
Affordable bridging finance to non listed clients
We guarantee the lowest rate and will better any written quotation. We are available to assist 7 days a week. We are professional and we promise to reply to your online request within 10 minutes after submission.
Bridging Finance at the lowest rates in the market. We will better any written quotation. Our service is professional and fast. You will receive a reply within 10 minutes after you have submitted your online application during office hours. You can reach our support 7 days a week. We are here to give you the client the service you expect.
Riveria Office Park, Riveria Rd, Killarney,SouthAfrica
Johannesburg, Gauteng, 2001,SouthAfrica
Main: (08) 6088 1882Fax: (08) 6510 7173
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