EXECUTIVE PROPERTY DEVELOPMENT FINANCE
Premiere executive funding solution for experienced property developers
ABOUT EXECUTIVE PROPERTY DEVELOPMENT FUNDING
Do you own a successful property development company or business in South Africa? To help you unlock new opportunities, we are offering you funding that is the first of its kind in South Africa. Get up to R100 million in funding, breaking the barriers of conventional short term finance. There is no other lender or bank in South Africa currently offering this kind of short term loan facility to property developers. Stop missing out on amazing projects, apply for executive property development finance now!
The construction industry is in fact one of the key drivers of the economy in South Africa and creates thousands of jobs, something that is so needed with our high unemployment levels. Experienced property developers are therefore key to continuing to develop the economy, however they are met with many barriers when trying to secure finance for new projects. In fact, securing adequate finance is one of the greatest challenges developers face, which often results in projects stalling due to lack of funding.
Banks are under an enormous amount of pressure servicing their existing clients and are risk averse, so getting finance in the form of traditional bank loans is few and far between. In fact, many developers find banks will hardly ever share their vision or enthusiasm for new projects, effectively halting them from taking off. If a bank loan is approved, the amount is often limited and the time it takes to receive the cash is long, further delaying lucrative projects.
Our property development finance product removes these barriers by opening up funding to experienced developers who can demonstrate the commercial viability of the project.
The Details
FAQ
- Loan facilities of up to R100m
- Affordable interest rates
- Rolling facilities
Requirements
- Excellent track record in successful property development
- Strong balance sheet
- Access to own equity
- Council approvals in place
- Ability to demonstrate project feasibility
- Can demonstrate there is a tangible payback method
Why apply through NHFinance?
We have contracts in place with the best funders in the business, sourcing you the best deals and rates through our network. Our response time is fast.
How soon can I get paid?
As soon as the loan agreement has been signed and the security bond has been lodged for registration.
How much can I get as an advance?
Up to R100 million depending on your cash flow and the value of the property lodged as security.
What does it cost?
Rates vary from deal to deal but you can work on around 3 – 4% per month.
THE BELOW FORM ONLY APPLIES TO THE ABOVE PRODUCTS. PLEASE ONLY SUBMIT THE FORM ONCE AND CHECK YOUR INBOX FOR A CONFIRMATION EMAIL.