Property Bridging

Quick Property Bridging Finance Solutions

Looking for property bridging finance companies in South Africa? Apply now and get a quick cash advance on your property loan to unlock funds now.

WHY USE US FOR YOUR PROPERTY BRIDGING LOAN?

The benefits of using Property Bridging brokers for your property bridging finance are numerous. They include accredited lenders, financial facilitation and no risk to you.

Business Loans (Unsecured)

Up to R 3 million loan in 3 days. No security required.

Strictly NO Start Ups

Quick and easy unsecured business loans available in 3 days, up to R 1,5 million. No security required to qualify for the loan.

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Minimum conditions:

  • Trading for at least 12 months
  • Turnover of R 1 million per annum
  • Clear credit record
  • Ability to pay the loan paid back in 6 months.

Costs

Minimum Term – 6 months
Maximum Term – 6 months
Minimum APR – 50 %
Maximum APR – 50 %

Example :

Loan R100 000
Term 6 months
APR 25 %
Repayment R 125 000

Subject to lenders Terms and Conditions at time of quote

Bond Bridging Advance

Need cash for a deposit? 

Sometimes there are months between bond approval and bond registration. Maybe you need that money right away to start renovations? Bond bridging finance gives you access to an advance on your bond to help you manage your cash flow.

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Minimum Conditions:The bond registration attorney needs to provide undertakings that your bank has issued the guarantees. Costs approximately 3% interest per month.

Costs

Minimum Term – When property transfers
Maximum Term – 3 months
Minimum APR – 48 %
Maximum APR – 54 %

Example :

Loan R100 000
Term 65 days
APR 48 %
Repayment R108 645

Subject to lenders Terms and Conditions at time of quote.

Home Loans

Do you need a home loan? Let us do the work of finding you the best home loan rate.
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All you need do is

  • Apply on this site
  • Send us your documents
  • Get a response in 2 days

Free Service. No fuss. Experienced bond originators. Available anywhere in South Africa

  • Best rates
  • Accredited bond originators
  • Free service

Property Developers Finance

Need cash and have completed units ready for transfer? 

Developers bridging finance can be obtained, where a property developer has almost completed or has completed a property development project and needs to get access to some of the funds due to him, from the sale of units built.

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There are various ways this can be done and so it is best to speak to our consultants to advise.

Costs range from 3 % to 6 % per month plus a once off fee.

Cost
Minimum Term – 6 months
Maximum Term – 36 months
Minimum APR – 13 %
Maximum APR – 30 %

Example
Loan: R 1 million
Term: 1 year
APR: 13 %
Repayment: R 1 130 000

Subject to lenders Terms and Conditions at time of quote.

Property Partnership Program

Have tenants and need shares in the property developed for them?

Funding for projects where there is a ‘blue chip’ tenant that needs to rent space for 5 to 10 years and you do not have money to do undertake the development.

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Our funding partners will undertake to purchase the land/ building, appoint professionals, do the feasibility, costings, construction, legal work AND fund the development / project ( a turn-key project) and in return you will receive shares in the development. The shares may be ‘given’ to you or you may need to pay for your shares ( from dividends due to you )

After 10 years, you have shares in a paid for building. You can opt to sell your shares at any time or hold onto your shares

Minimum Term – 3 years
Maximum Term – 10 years

Costs

Minimum APR – 13 %
Maximum APR – 30 %

Example 

Loan R 100 000
Term 6 months
APR 13 %
Repayment R 113 000

Subject to lenders Terms and Conditions at time of quote

Sellers Proceeds Loan

Sold your property and need a cash advance? 

You have sold a property and made a profit and need your money now before transfer takes place. Our solution: Sellers Profit Advance/sellers discounting loan. Secure, Quick and Easy.

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Minimum Conditions: As long as the attorney handling the transfer is prepared to sign a Letter of Undertaking that the purchaser has put up guarantees, that all suspensive conditions have been met and that funds will be dispersed to the bridging company on transfer, then it is possible to arrange an advance of your profit i.e. property sale proceeds advance.

Rates/Transfer Duty Loan

Need cash to pay transfer duty and rates? 

If a purchaser has been granted a loan by a bank but is short of the transfer and legal fees it is possible, where the bond granted is higher than the debt due, to get an advance on the bond granted. Apply now at approx. 3 % per month and a once off fee.

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Costs

Minimum Term – When property transfers
Maximum Term – 3 months
Minimum APR – 48 %
Maximum APR – 54 %

Example

Loan R 100 000
Term 65 days
APR 48 %
Repayment R 108 645

Subject to lenders Terms and Conditions at time of quote.

Unbonded Property Loan

Do you own an unbonded property (i.e. a property that is fully paid up) valued at over R2 million?

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Almost any income producing commercial or residential property that has equity in excess of R 2 million can make use of the short term Property Secured Finance loan facility.

The loan amount must be more than R1 million. The full loan amount must be settled within 12 – 24 months, making this a short term property bridging loan and not a long-term solution. For a home loan, please apply here.

Interest rates of 2% – 3% pm apply.

Costs

Minimum Term – 3 months
Maximum Term – 24 months
Minimum APR – 24 %
Maximum APR – 30 %
Broker Fee – 2 %

Example:


Loan                         R 1 million
Term                        3 months
APR                           24 %
Repayment         R 2 080 000

Mezzanine Finance - Property Developments

Ready to launch your development? 

Do you own a property and need cash to start your property development? Property developers that are ready to start building their projects based on the pre-sales, but now lack the finances to start the project, can make use of mezzanine finance if they own the land.

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Conditions: Pre-sales in place and development loan (mother bond) granted or can be obtained. Costs from 4,3 % to 6 % per month plus a once off fee.

Costs
Minimum Term – 6 months
Maximum Term – 36 months
Minimum APR – 13 %
Maximum APR – 30 %

Example :
Loan                         R 1 million
Term                        R 1 year
APR                           13 %
Repayment         R 1 130 000

Subject to lenders Terms and Conditions at time of quote.

Estate Agents Commission Bridging

Sold a property and waiting for your commission to be paid out to you?

The purchaser must have put up guarantees with attorney, all suspensive conditions met , the attorney is approved and all documents have been signed by all parties to the transaction.

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If the attorney handling a property sale/purchase transaction is prepared to give a Letter of Undertaking to settle the loan to the estate agent for commission advance and the Principle of the agency is prepared to allow the bridging of estate agents commission to take place, then it is possible to arrange a bridging loan on the commission due to the Estate Agent on the sale of land or buildings.

General:  The purchaser must have put up guarantees with attorney, all suspensive conditions met , the attorney is approved and all documents have been signed by all parties to the transaction

Costs: Approx 3% per month plus once-off admin fee.

Costs

Minimum Term – When property transfers
Maximum Term – 3 months
Minimum APR – 48 %
Maximum APR – 54 %

Example :

Loan                         R 100 000
Term                        65 days
APR                           48 %
Repayment         R 108 645

Subject to lenders Terms and Conditions at time of quote.

Other Loan Solutions

Business Loans get up to R 1,5 mill in 3 days with no security. Existing businesses only!
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RAF Bridging Loan: If you have a finalised RAF claim via an attorney, then CLICK HERE for a quick loan.

Personal Loans – up to R 150 000 for employed persons, with clean credit record
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Pension Fund bridging- for people that have resigned, retired, been dismissed or retrenched.
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Provident Funding bridging – for people that have resigned, retired, been dismissed or retrenched.
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Preservation Fund Bridging – if your fund is ready to be paid out within 3 months, we can assist with a loan of up to R 32 000
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Invoice Discounting – get a quick business loan to improve cash-flow.
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Purchase Order Bridging – get cash quick to fund your purchase orders.
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Approved Vendors
Commercial and Industrial Property Broker
Find your ideal industrial, retail or office property
www.investrade.co.za

Commercial Solar Power Systems

www.solarpowersystems-sa.co.za

Everything You Need In One Place!

Every property bridging loan you’ll ever need!

Hold on…what is bridging finance?

Property bridging finance is a fancy way of saying “short term property loan.” This cash advance gives you the ability to pay for costs related to buying and selling property such as transfer duties, rates advance and early access to sold property profits.

Access funds during sale of your property

Pay rates and levies in advance

Get money for deposits, transfer duty and legal fees

Get your sale commission early