Home >
INTRO TO SERVICE
The South African property market is the lifeblood of the local economy. However, selling your home is frequently accompanied by a period of personal change. This is often a financially constricted time when you require access to cash flow.
Working tirelessly behind the scenes to assist their clients in selling their property is a network of real estate professionals. For the hard work, a successful sale earns the estate agent a commission from the seller.
Unfortunately, while both the seller and estate agent have funds locked up in the property sale, the conveyancing process can take some time for payments to be released. On average it takes 1-3 months for the sale to be registered in the deeds office. These time delays can place unnecessary pressure and strain on sellers, on top of an already stressful situation. For estate agents, these time delays can cause volatile earnings, making it difficult to plan and manage overheads.
For sellers, our Sellers Bridging product provides liquidity against equity tied up in the property. By unlocking cashflow, individuals can pay for urgent expenses such as a deposit on a new home, moving costs, arrear levies, rates and taxes, transfer costs and duties, and other personal debts.
For estate agents, our Estate Agent Bridging solution allows property professionals early access to pending commissions. This provides much needed financial certainty into an otherwise volatile earning stream.
ADVANTAGES AND BENEFITS
Integrity &
Trust
Customer
Focus
Speed
Flexibility
Partnership
SUB-SERVICES
Short-term advances for estate agents to unlock cashflow against outstanding commissions