Geddes Capital offers Bridging Finance as one of its many different business funding services for South African companies. Our bridge finance offering breaks the mould by delivering finance in creative ways in days, not months.
You don't have 4 months to wait around for the bank to get back to you.
You've been rejected by banks because you "don't tick all their boxes".
You are looking for a short-term loan to bridge the gap to longer-term funding solutions.
You are looking to increase your business cash flow, quickly!
Bridge finance is a short-term loan that allows companies to “bridge” the gap to longer-term funding solutions. These loans typically have a term of 3 months to three years and are secured by property.
Give us a call to chat about our Bridging Finance loans in more detail. We'll take you through the application process and, if approved, we will advance the cash to you immediately after the digital signature of the relevant docs.
The main challenge with getting traditional finance is that it either takes too long or customers don’t fit the cookie cutter mould the bank has created. Bridging finance and bridge loans solve that problem!
Anyone who can't wait for the bank to take 4 months to make a decision or has been rejected by the bank because they don’t tick a box should apply with Geddes Capital for a bridge loan.
Any South African business that is in the process of finalising a property transaction can apply, irrespective of the size or sector of your business.
We understand that property transactions can sometimes face unforeseen delays. If such a situation arises, we encourage our clients to communicate with us promptly. Our team will work closely with you to determine the most appropriate course of action.
In the complex world of property transactions, Geddes stands as a steadfast partner ready to provide the bridge financing solutions your business needs. Contact us today to discuss how we can help your business cross the gap from opportunity to growth.
Yes, if you find you're in a position to repay your loan early, that is absolutely possible. We don't charge any early repayment fees, as we understand that business situations can change rapidly.
The loan amount primarily depends on the value of your property transaction and your business’s financial condition. We strive to provide flexible solutions tailored to your needs, so we assess each application on a case-by-case basis.
Remember, our team at Geddes is always ready to answer any additional queries you might have about property bridge financing. Our aim is to ensure you are fully informed and confident in your financial decisions. Get in touch with us today to start the conversation about how we can help your business thrive.
Our priority is to provide the funds as quickly as possible, usually within a few business days once the funding plan is agreed upon.
At Geddes, we value transparency. We provide a clear breakdown of all charges associated with your loan upfront.
The interest rate for your bridge loan is determined based on several factors, including the risk associated with the loan, the loan term, and current market rates. At Geddes, we ensure our rates are competitive and suitable for your unique circumstances.