What can bridging finance be used for?
WHAT CAN BRIDGING FINANCE BE USED FOR?
- Advances on estate agency commissions;
- To pay outstanding rates and taxes on the home you have sold;
- To pay transfer duties on a new home;
- To settle existing debts sooner rather than later
HOW DOES IT WORK AND WHAT DOES IT COST?
The process works as follows:
1.Contact us by applying for Bridging Finance online HERE.
2.A credit application form will be e-mailed to you, so make sure your e-mail address is filled in correctly.
3.You may need to obtain some information from your attorney, or you may telephone us so that one of our staff can assist you.
4.Email the completed credit application form to PFC Bridging Finance.
Once your request for Bridging Finance has been approved, one of our consultants will contact you. Your money should be in your account within a few hours after the completed forms have been received and the Bridging Finance approved.
The cost varies between R1.20 and R1.50 per day for each R1,000.00 advanced, so that the costs can be calculated easily. Terms and conditions apply.
Cape Town, South Africa
Tel. 083 274 2642
"Happiness is not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort." - Franklin D. Roosevelt