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ABOUT TAURUS RAFPAY
Claiming from the Road Accident Fund (RAF) is often a long and frustrating process. On average, claims take 4 years or longer from the date of accident until finalisation. Unfortunately, the waiting game is not over once your case is finalised in court or by settlement. The RAF can still take another 6 - 12 months, or even longer, to pay out on the funds promised. We understand how difficult it can be to recover after a motor vehicle accident – physically, emotionally and financially. The stress of lost income and medical bills places huge pressure on an accident victim and their family.
RAFPay is a solution which allows Road Accident Fund claimants to receive an upfront cash advance on their claim. This restores much needed financial relief and dignity to accident victims and their families.
To date RAFPay has helped thousands of clients across South Africa.
HOW DOES RAFPAY WORK?
• Taurus RAFPay offers an upfront cash payment against your finalised Road Accident Fund court-order or settlement-agreement.
• The available cash advance is based on the size of the award, after your lawyer’s fees and disbursements. We offer the highest payouts in the industry.
• RAFPay has transparent monthly charges with no hidden fees or expensive compound interest.
• The monthly charge depends on how much money you choose to take upfront and how long the Road Accident Fund takes to pay your attorney. Call today to receive a personalised quote.
• With Taurus RAFPay you are not required to make payments every month. Only once the Road Accident Fund pays your lawyers will the RAFPay charge then be deducted.
• RAFPay clients are assigned a dedicated consultant to help answer any questions. It’s important to us that you make the right decision for you and your family.
WHY RAFPAY?
Peace of mind
No more waiting. Access
immediate cash against
your finalised RAF case
Transparent
No hidden costs,
interest or fees
Flexible
We can advance the amount
that suits your needs
Speed
Same day payout on signing
of agreements
Dignity
No credit checks
required
Experience
A dedicated consultant will
hold your hand through the
process
Assistance
We can facilitate an introduction
to a registered financial adviser
at no cost
Trustworthy
A product of Taurus Capital,
leading funder to the legal
industry
OUR PROCESS
In order to apply for a RAFPay advance you will need:
• A lawyer AND
• A finalized case (court-order or settlement-agreement)
Apply on any of our channels:
• WhatsApp - 066 070 6380
• Phone - 010 443 0281
• Email - info@rafpay.co.za
A consultant will explain the process and send you a personalised quotation including how much you can receive and the monthly charge.
We will contact your lawyer to collect the necessary documents and approve the transaction.
Send us your documents
• Copy of your ID
• Proof of banking / bank document
Documents sent for you and your attorney to sign.
You will receive payment within 24 hours of finalised paperwork.
Your attorney will pay you the balance of your funds less the RAFPay charge as soon as the Road Accident Fund releases the payment.
AS FEATURED ON
FAQ'S
Upfront we will request the latest copy of your RNYP and any other outstanding RAF payments. Your dedicated consultant will advise on any further supporting documents based on your requirements.
The RAFPay and Attorney Advance products are sale and cession transactions and thereafter do not fall under the National Credit Regulator.
Taurus Capital is a proud member of the Bridging Finance Association of South Africa (BFASA) and commits to the ethical and social code of conduct.
The RAFPay product is lawful and legal opinion in this regard are available to attorneys on request.
We know that as the director of your firm, you are best placed to know how funding can unlock growth in your practice. As such we are not prescriptive regarding the use of funds. However, typical uses include:
• Payment of medico-legal disbursements to accelerate settlement on case pipeline
• Marketing to promote your business
• Growth funding, such as opening new offices, hiring additional staff or expanding logistical capacity
• Working capital to support variable revenue cycles in the firm
