What is Bridging Finance?
It’s a short-term advance that gives you access to funds before you receive them — usually from a property sale, attorney payout, commission, or confirmed settlement. You repay once your proceeds are released.
Who Is It For?
- Home sellers/buyers needing funds for transfer duty, rates & taxes, or moving costs before registration.
- Landlords, developers, or SMEs bridging a short cash-flow gap pending a guaranteed payout.
- Agents/consultants advancing against confirmed commissions or settlements.
Why Use Bridging Finance?
Fast Cash Release
Access a portion of your proceeds before transfer or payout date.
Deal Certainty
Keep your transaction on track — pay transfer duty, rates & taxes, deposits, and movers on time.
Simple Repayment
Settled from the attorney or proceeds on registration, with no long-term instalments.
Eligibility & Documents (SA)
- Signed Offer to Purchase (OTP) or proof of confirmed payout/settlement.
- Valid SA ID / company docs (if applicable) and proof of address.
- Conveyancer/attorney details and letter confirming expected proceeds.
- Latest municipal rates clearance figures / transfer duty amount (if applicable).
- Bank statements (3 months) and basic affordability checks.
- Repayment is deducted from sale proceeds or attorney payout on registration.
Amounts, Fees & Timing
Advance Size
Typically a portion of net proceeds (after bonds, costs, and existing claims). Exact amount depends on your deal and attorney confirmation.
Fees & Interest
Transparent once-off fee and short-term interest, quoted upfront. No surprises.
Time to Payout
Often within 24–48 hours after approval and attorney confirmation.
How It Works
Apply
Send your OTP/payout proof, ID, and basic docs.
Attorney Confirm
We verify expected proceeds with the conveyancer/attorney.
Offer
You receive a clear offer with fees, amount, and timing.
Payout
Funds are paid to your bank account for immediate use.
Settlement
On registration/payout, the advance is settled from proceeds.
FAQs
Is this a home loan?
No — it’s a short-term advance against confirmed proceeds, settled on registration or payout date.
What can I use it for?
Transfer duty, rates & taxes, compliance certificates, deposits, movers, minor renovations, or cash-flow needs.
Do I need collateral?
Security is linked to the confirmed proceeds and attorney undertaking rather than long-term collateral.
What if the sale is delayed?
We coordinate with your conveyancer. Extensions or adjustments can be arranged where reasonable and per your agreement.
Note: All approvals subject to affordability, verification, and final legal checks.
Need Funds Before Registration?
Bridge the gap now and repay from your sale or attorney payout.
