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INTRO TO SERVICE
The Road Accident Fund (RAF) provides much needed cover to all road users against injuries sustained or death arising from accidents involving motor vehicles within the borders of South Africa.
However, the protracted cashflow cycle inherent in RAF dealings can result in funds owed to attorneys, and their clients, being locked up in matters for months and even years. Taurus Capital provides short-term bridging solutions against RAF court-orders and settlement-agreements awaiting payment.
For attorneys, our Attorney Advance product provides firms with liquidity against their outstanding fees tied up in RAF receivables. By unlocking cashflow, personal injury attorneys are then able to release the potential the latent growth in their practice through an acceleration of marketing or medico-legal disbursement investments, or other working capital requirements.
For claimants, our RAFpay solution allows clients with an attorneys and finalised case an upfront cash advance on their claim. This provides much needed financial relief and dignity to be restored to claimants and their families.
ADVANTAGES AND BENEFITS
Integrity &
Trust
Customer
Focus
Speed
Flexibility
Partnership