Unsecured Business Loans
Loans from R50k – R1.5mil within 3 days. For businesses trading for 1 year with sales of R1mil per year. NO START-UPS.
Property Sellers Advance
Sold your home? Get up to 75% of the sale proceeds early and cover transfer fees or put down a deposit on your new home.
Bond Bridging Advance
Switched your bond or been granted a second bond? Get up to 80% of the approved bond amount advanced to you.
Rates & Transfer Duty Loan
Need to cover the cost of transfer fees and rates/taxes advances? Apply for a bridging loan.
Home Loan
Found your dream home? Make it a reality and apply for a home loan today!
Loans Against Property
Use your unbonded property as security for a cash loan.
Estate Agent Commission Advance
Get early access to a portion of your sale commission through property bridging loans.
Property Developers Finance
If you have rights to develop and a record of pre-sales, apply for developers finance to accelerate your development project.
Mezzanine Finance
Want to invest in commercial property but don’t have the funds readily available? Apply for commercial property finance.
Bond Refinancing
Applied for a second bond? Get access to a portion of the bond early with a bond refinancing loan.
Transfer Duty Loan
Sold a property and need access to funds to pay for the transfer duty for your new property? Apply for a transfer duty loan.
Rates & Levies Advance Loan
Need to pay for rates clearance and levy clearance before transfer? Apply for a property bridging loan here.
Property Partnership Programme
Unlock property investment opportunities with little to no equity today! Leverage your network and grow your portfolio.
Equity Release
Property owners can release equity on their home to settle debts or cover the costs of home renovations. Also called bond refinancing or equity loans.
Equity Guarantee
If you have orders and need funding, Trade Finance, Import Funding, Inventory Finance, Stock Finance, Purchase Order Bridging, Debtors Finance
Commercial Property Finance
Switch your bond to an interest-only commercial property loan where you pay back the interest-only and settle the capital amount at the end of the 5-year term, leaving you with more money in your pocket to plough into your business. Commercial property only.
Executive Property Development Finance
If you are an experienced property developer with an excellent project track record, our executive developer finance will unlock up to R100 million in investment opportunities for your business.
Solar Finance
How would you like to save on your electricity bill while at the same time make a long term investment? As property owners in South Africa, it is our responsibility to find ways to stay sustainable and cut costs. Solar solutions are one of the most cost-effective ways of doing so. That’s why we created Solar Finance. Solar Finance provides a viable solar energy finance solution for most property owners in South Africa.
Debt Consolidation Using Property
Debt consolidation using bonded property combines various debts into a single loan secured by property, offering property owners a structured repayment plan and potentially lower interest rates, facilitating financial management and reducing overall debt burden.
Infrastructure Funding
Infrastructure funding provides property developers with the necessary capital for constructing essential facilities such as roads and utilities within a project, enabling timely completion and enhancing the project’s overall value and attractiveness to investors.
Property Bridging Loans
Property bridging loans offer short-term financing solutions, providing quick access to funds for purchasing or refinancing properties, bridging the gap until longer-term financing can be secured, and facilitating smooth transactions.
Liquidators Finance
Facing delays in property transfers during liquidation? We offer specialized financing solutions to bridge the gap, ensuring you can cover costs and maintain momentum while waiting for transfers to finalize. Click below to learn how we can expedite the process and improve your cash flow.
Pre-Sale Guarantees
Unlock construction financing and start your development project sooner. Our Pre-Sale Guarantees help developers meet pre-sale conditions set by banks, providing the financial backing to get your project off the ground. Click below to discover how we can facilitate your access to funding.
Business Rescue Solutions
Streamline property transactions during business rescue. We provide financial solutions tailored for Business Rescue Practitioners, addressing challenges like funding shortfalls that delay property transfers. Click below to explore how we can support smoother transactions and improve cash flow for businesses in distress.
FAQs
What exactly is Property Finance?
Property finance refers to a range of specialised financial products that are secured by or related to fixed property. Unlike a traditional home loan (bond) used to buy a property, these solutions are designed to unlock the value in a property you already own or to bridge financial gaps during a property transaction. This includes everything from a loan against your property’s value to getting a cash advance on the proceeds of a sale.
What is the difference between a bond and a loan against property?
A bond (or home loan) is typically long-term property finance (20-30 years) taken out specifically to purchase a property. A loan against property, on the other hand, is a way to borrow against the value (equity) of a home you already own. These loans are often shorter-term and are used to provide a lump sum of cash for other needs, such as debt consolidation, home renovations, or business investment.
How does a loan against my property work?
If you own a property, you can use its value to secure a loan. This gives you access to a lump sum of cash for any purpose you choose. It’s an effective method of financing property improvements, investing in your business, or consolidating debt into one manageable payment. By leveraging the equity you hold, you turn a fixed asset into immediate financial potential.
What can I use the money from a loan against property for?
The funds are yours to use as you see fit. Many of our clients use these loans for major life events, such as:
- Consolidating high-interest debts into a single, manageable payment.
- Investing in a business opportunity.
- Funding extensive home renovations.
- Covering significant medical or educational expenses.
What is a Seller's Cash Advance?
A Seller’s Cash Advance is a powerful form of bridging finance. Once you have a secure Offer to Purchase on your property, we can advance you up to 80% of the net proceeds. This is a unique way of financing property-related costs—like a deposit on your next home or moving expenses—by accessing the money from your sale when you need it most. It effectively bridges the financial gap between the sale agreement and the final registration, which can take up to 90 days.
Why would I need a Seller's Cash Advance?
The property transfer process can take up to 90 days or more. You might need funds urgently during this waiting period to:
- Pay the deposit on your next home.
- Cover moving costs.
- Settle outstanding municipal accounts or rates to get your clearance certificate.
- Handle any other personal financial needs.
What is "home equity" and how can I access it?
Home equity is the portion of your property that you truly own. It’s calculated by taking the current market value of your property and subtracting the outstanding amount on your bond. For example, if your home is valued at R3 million and you owe R1 million on your bond, you have R2 million in equity. Our specialised property finance solutions, like a loan against property, are specifically designed to help you access this equity in the form of cash.
How does my credit score affect my application for property finance?
For traditional banks, your credit score is a critical factor. However, for asset-based lenders like us, the primary consideration is the value of your property. While a good credit history is always beneficial, a lower credit score won’t necessarily disqualify you from securing a loan against your property, as the property itself provides the security for the loan. This gives more South Africans access to the funding they need.
Are there other costs involved besides the interest on the loan?
Yes, depending on the type of property finance, there can be other costs. These may include valuation fees (to determine your property’s market value) and legal or administration fees for setting up the loan agreement. We are committed to full transparency and will provide you with a clear breakdown of all associated costs before you sign any agreement, so there are no surprises.
What happens if I can't repay a loan secured by my property?
Defaulting on any loan is a serious matter. For a property-secured loan, the asset (your home) is used as collateral. If you are unable to repay the loan according to the agreed terms, the lender has the legal right, after following a formal process stipulated by the National Credit Act, to sell the property to recover the outstanding debt. It is crucial to enter into any secured loan agreement with a clear and realistic repayment plan. We always work with our clients to ensure the loan is affordable and sustainable for their situation.