Bridging Finance Krugersdorp, your short term solution

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What is the definition of Bridging Finance?

Bridging finance Krugersdorp  is a short-term loan or interim financing for a business or an indusial until they can get permanent financing, or the next stage of the financing is secured. Funds from the new financing is usually then used to pay back the original bridging finance amount and additional extras that have occurred. Bridging finance is usually taken from a minimum of two or three weeks to a maximum of three years, or until it is paid back whichever comes first.

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  • what is bridging finance

Bridging Finance Krugersdorp offers various options that one can make use of to secure bridging finance.  The most popular option is to use it against collateral against property. With regards to using it against property, if you have sold your property you may get bridging finance on the sale whilst waiting for pay-out. Should one have a mortgage bond approved, bridging finance can be obtained on approval of loan and the funds may be used for renovations, refurbishing and furniture.

Bridging Finance Krugersdorp

Bridging Finance in Krugersdorp has the option for a business to apply for finance on stock and large tenders or projects. On procurement of a large stock order for your company, an application may be done for bridging finance provided that all documentation and proof of the signed order is submitted, thus allowing company to purchase stock that is required to fulfil order whilst waiting for client to pay full account on receiving stock.

Bridging Finance Krugersdorp
Bridging Finance Krugersdorp

Bridging Finance near me Krugersdorp has a maximum lending amount of 5 Million Rand and this large sum is applicable to big tenders or Projects for Companies.  On confirmation of acceptance on a tender or project an application for funding may be submitted, with proof of all confirmed documents and signed letter from accepting company. On approval of bridging finance funds will then be transferred accordingly in the shortest time frame available.

Bridging Finance Krugersdorp is always willing to provide asset-based bridging finance to business’s that require additional capital. Ideally these said loans will be obtained against accounts receivable, stock and inventory, equipment, and any other assets that the business may have.  Bridging finance Krugersdorp uses software that enables our clients to easily send trough their financial information to our offices for approval.

For more information please visit: Bridge financing financial definition of Bridge financing

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Bridging finance is often used as an alternative means to traditional mortgages, which allows one to avoid traditional property chains and decreasing the time frame of accessing funds in a matter of a few short weeks as apposed to a few long months.

Our incredibly talented and experienced team at Bridging Finance Krugersdorp are always available for any advice or business solutions that are needed by our clients. They are prepared and always willing to go the extra mile to make the process of Bridging Finance to be as easy and simply as possible, taking away the anxiety and worry off your shoulders.  There is a dedicated whatsapp number and an online forum for 24 hr support with our dedicated team.

We cover:

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