RAF BRIDGING FINANCE
RAF Bridging Finance is a financial solution designed to provide immediate funds to individuals who are awaiting compensation from the Road Accident Fund (RAF). This type of financing is particularly useful for those who have successfully lodged a claim with the RAF but face delays in receiving their settlement.
What you need to apply
- You need a settled claim with the RAF with a valid Court Order/Settlement Letter”
- ID Document
- Proof of Residence
- Attorney Details
How Long Until You Receive Your Funds?
Once all documents are signed, funds are typically disbursed within 24 to 48 hours. This quick turnaround ensures that you can meet your financial needs without delay.
PROPERTY BRIDGING FINANCE
Property Bridging Finance is a short-term financial solution designed to provide immediate access to funds while waiting for a property transaction to be finalized. If you're waiting for the proceeds from your property sale, this type of finance bridges the gap, ensuring you have the necessary liquidity to manage your financial obligations.
What You Need to Apply:
- Sale Agreement
- Personal Identification
- Property Details
- Attorney Details
How Long Until You Receive Your Funds?
Once all documents are signed, funds are typically disbursed within 24 to 48 hours. This quick turnaround ensures that you can meet your financial needs without delay.
ATTORNEY FINANCE
RAF Attorney Finance is a specialized financial service designed to advance legal fees for attorneys handling Road Accident Fund (RAF) claims. Once a RAF claim has been settled, attorneys often face delays in receiving their fees. RAF Attorney Finance provides an advance on these fees, ensuring that attorneys can maintain their cash flow and continue to operate effectively while waiting for the RAF payout.
What you need to apply
- Settled RAF Claim
- Personal Identification
- ID Document
- Legal Practice Information
How Long Until You Receive Your Funds?
Funds are typically disbursed within 24 to 48 hours after the all agreements are signed. This swift turnaround ensures that attorneys can cover their immediate expenses without having to wait for the RAF's often lengthy payment process.
BUSINESS GROWTH FINANCE
Business Growth Finance is a suite of financial solutions designed to help businesses unlock cash flow and fuel growth by leveraging outstanding invoices, purchase orders, and tenders. Whether you're looking to expand operations, fulfill large orders, or manage working capital, these financing options provide the necessary funds to keep your business moving forward
What are the types of Business Growth Finance?
- Invoice Discounting
- Purchase Order Funding
- Tender Funding
Invoice Discounting allows businesses to access immediate cash by selling their outstanding invoices at a discount. This enables companies to maintain cash flow without waiting for customers to pay their invoices, ensuring smooth day-to-day operations.
Purchase Order Funding provides businesses with the capital needed to fulfill large orders. By advancing funds based on confirmed purchase orders, this financing option allows you to cover production costs, supplier payments, and other expenses, ensuring timely delivery to your clients.
Tender Funding is designed for businesses that have been awarded a tender but lack the upfront capital to complete the project. This finance option provides the necessary funds to cover the costs associated with fulfilling the tender, such as materials, labor, and logistics, allowing you to take on larger projects and grow your business.
Please visit our affiliate, Steed Growth Finance, to apply and get more details.
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