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ABOUT TAURUS SELLERS CASH ADVANCE
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.
This could include paying for:
• Deposit on a new home
• Moving costs
• Arrears levies, rates and taxes
• Transfer costs and duties
• Electrical compliance certificate
• Personal debt like school fees or credit card payments
Unfortunately, while you might have funds locked up in the property, 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 stress on top of an already stressful situation.
Taurus Property Bridging is the solution. We offer a short-term advance of up to 80% on the proceeds of your sale while awaiting registration. Financing is easy to arrange with quick processing and within a 24-hour period.
HOW DOES SELLERS CASH ADVANCE WORK
• Taurus Property Bridging offers an upfront cash advance to property sellers awaiting registration.
• The available funds are based on the total proceeds of the sale, after deducting the outstanding bond amount and costs.
• Property Bridging has a transparent flat rate. There are no hidden fees or expensive compound interest.
• With Taurus Property Bridging you are not required to make regular payments. Once the property has been registered your attorney will settle the final balance.
• Taurus clients are assigned a dedicated professional consultant to help answer any questions to help you make the right decision.
WHY SELLERS ADVANCE?
Peace Of Mind
No more waiting. Access immediate
cash against the total proceeds of sale.
Experience
A dedicated consultant will
hold your hand through the
process.
Transparent
No hidden costs,
interest or fees.
Convenient
We will work directly with your attorney,
making the process hassle free.
Flexible
We can advance the amount
that suits your needs.
Trustworthy
A product of Taurus Capital,
a leading funder to the legal
industry.
Speed
Same day payout on signing
of documents.
Service
Professional client-first approach.
Dignity
We understand that you are more
than just your credit score.
OUR PROCESS
In order to apply for a Taurus Property Bridging advance you will need:
• To be the seller of a property
• Have received a valid offer to purchase
• Are awaiting registration
Apply on any of our channels:
• Online - www.tauruscapital.co.za/seller
• Phone - 011 538 0200
• Email - property@tauruscapital.co.za
A dedicated consultant will explain the process and send you payment options including how much you can receive as well as the daily 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 residential address
• 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 settle the outstanding advance once the property has been registered.
Your attorney will pay all outstanding funds in the ordinary course of business.
FEEDBACK FROM OUR CLIENTS
APPLY NOW
Apply now and one of our dedicated consultants will get in touch:
Phone: +27 (0) 11 538 0200
Email: property@tauruscapital.co.za
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*All fields are required.
By submitting your details you are agreeing to our Privacy Policy and Terms and Conditions.
AS FEATURED ON
FAQ'S
Bridging finance is short term advance that helps release money locked up in a property transaction.
The repayment is made in full when the property transaction concludes.
The registration process to transfer a property from you to a buyer typically takes 60 to 90 days from when the sale agreement is signed until the sale is registered.
Unfortunately, the property seller only receives their money at the end of the process.
Taurus property bridging provides an upfront cash advance for sellers to access a portion of their
proceeds immediately without having to wait.
Typical uses include paying for:
• Deposit on a new home
• Moving costs
• Arrears levies, taxes and rates clearance certificates
• Clearance certificates
• Transfer costs and duties
• Electrical compliance certificate
• Personal debt like school fees or credit card payments
However, we do not place any limitations on what you do with the funds provided.
Taurus Capital can advance up to 80% of the net proceeds of your sale after bond, commission and
other costs. No advance is too large or too small.
The charge will depend on how much money you choose to take upfront as well as the duration to
transfer the property.
Upon contacting Taurus, you will be assigned a consultant who will explain the process in more detail as well as provide a free detailed no-obligation quotation.
A Taurus cash advance is not a loan. This provides several advantages:
• Improved cashflow - Unlike a loan, you do not have the burden or risk of making monthly instalments. A Taurus Property Bridge relates to a one-off property transaction so is settled in full on registration.
• Transparent charge- The Taurus charge is fixed in advance meaning that you won’t pay interest on
interest (compound interest) as you will with a loan provider.
• Property backed - The application criteria is based on your property not you. Therefore, blacklisted
clients are welcome to apply.
We understand that time is of the essence. We pay within 24-hours of signing documents.
GET IN TOUCH TO HAVE A DEDICATED CONSULTANT CALL YOU BACK
