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Bridging finance is a short term finance solution to fund items such as: funds that are due to you from a property transaction, pension, provident fund or other the conversion of property equity (value) into cash the facilitation of trade transaction normally by means of a cash advance or a guarantee
The following institutions provide Development and other Property Finance. Click through on the links to go to their websites
Rent to Buy is an innovative way to raise funding for your property investment. Rent2buy Finance approved areas are : Cape Metropole, Bloemfontein and Gauteng and prices range from R400 000 to R1,8 million.
TUHF provides access to finance for entrepreneurs, from all walks of life, to purchase, and subsequently convert or refurbish buildings in the inner cities of South Africa to affordable residential units. They also provide support, guidance and risk management for new entrepreneurs who do not have the skill or experience in property development.
Lulalend have simplified the lending process with their 6 and 12 Month Plans. Every month you pay back 1⁄6th or 1⁄12th (depending on which plan you choose) of the total advanced amount plus the monthly cost. Monthly Costs are 2% - 6% of your advanced amount for the first 2 or 4 months (plan dependent) and 2% for each of the remaining months. You can pay early and save.
The Government Employees Pension Fund (GEPF), Unemployment Insurance Fund (UIF) and the Compensation Fund (CF) have given the PIC a mandate to invest in unlisted properties. Unlisted property investments are made in the following sectors: retail, office and industrial/specialized property assets. Investments are made through directly acquiring property assets. Alternatively, investment are made through equity investments in unlisted property companies.
The Vision of HIP Housing is to improve the quality of life and the potential for wealth creation for home owners in the affordable housing sector, by offering, in response to the unique needs of the market, earlier access to home loan finance.
Bitprop creates assets and income streams for underdeveloped markets by enabling investment into backyard rental property at a macro scale
Isibaya Fund seeks to pursue and contribute to the transformation and development of the economic landscape of the country in a socially responsible manner through investment in these focus areas of Private Equity and Developmental Investments
Business Partners provide loan finance ranging from R500 000 to R50 million to all business owners who have a viable formal business and require finance for expansion, working capital, equipment, takeovers, property, franchises or management buy-outs.
Paragon Through Short to Medium Term Secured Funding, Bridging Finance, Capital Raising or Property Partnerships, Paragon partners with its clients to understand their funding needs and brings experience, credibility and practical know-how, allowing for the most appropriate funding structure in the quickest time.
Ithala is one of KwaZulu-Natal's primary drivers of economic development and a strategic enabler of support for, in particular, this province's historically disadvantaged communities.
If you require funding such as Government grants or Government loans here are a few of the most prominent links
SEFA provides assistance to build sustainable businesses, through repayable loans. They offer loans through direct and wholesale lending from R500 up to R5-million. Amongst the products they offer are.: Asset Finance, Bridging & Term Loan,s Structured Finance Solutions, Credit Guarantee Scheme and Land Reform Empowerment
The NYDA plays a leading role in ensuring that all major stakeholders such as the government, private sector and civil society, prioritise youth development and contribute towards identifying and implementing long-lasting solutions that address youth development challenges. Furthermore, the NYDA designs and implements programmes that are aimed at improving the lives of young people, as well as avail opportunities to youth
The Entrepreneur Empowerment Property Fund (EEPF) is a programme designed to promote participation of previously disadvantaged owned companies in the affordable rental property market. whilst The Rental Housing Fund was developed for rental housing entities that require additional funding in to the project. The equity type loan enhances the debt to equity ratio for projects to enable lenders to finance, on favourable terms.
the National Empowerment Fund (the NEF) is a driver and thought-leader in promoting and facilitating black economic participation by providing financial and non-financial support to black-owned and managed businesses, and by promoting a culture of savings and investment among black people
The Gauteng Enterprise Propeller (GEP) promotes, fosters and develops small enterprises in Gauteng thereby implementing the policy of the Gauteng Provincial Government for small enterprise development.
The Department of Trade & Industry Mission is to Promote structural transformation, towards a dynamic industrial and globally competitive economy, Provide a predictable, competitive, equitable and socially responsible environment, conducive to investment, trade and enterprise development, Broaden participation in the economy to strengthen economic development and Continually improve the skills and its capabilities to effectively deliver on its mandate & respond to the needs of SA Citizens
The NHFC provides housing finance to intermediaries, mainly Retail Finance Intermediaries, Property Practitioners/Developers and Social Housing Institutions. The NHFC also supports and capacitates emerging housing intermediaries, through partnerships with other local and international organisations. In instances where the entity requires funding for mixed or integrated housing development, a minimum of 30% of the units must fall within the NHFC defined target / affordable market.
The Industrial Development Corporation is a national development finance institution whose primary objectives are to contribute to the generation of balanced, sustainable economic growth in Africa, and to the economic empowerment of the South African population, thereby promoting the economic prosperity of all citizens.
The Housing Development Agency has two primary objectives. The first is to identify, acquire, hold, develop and release well-located land and buildings for human settlement. The second is to provide project delivery services in the form of planning, capacity support and capability, and project management. The HDA works on projects in particular areas at the specific request of provinces and local municipalities
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