AMOUNT:
R100K – R5M
PERIOD:
3 MONTHS
CRITERIA:
Trading history of 3+ years
Company annual turnover of R10M+
A unique and perfect funding solution if your business needs a cash injection for a short-term need or opportunity, and you prefer the simplicity of a single, once-off repayment after 3 months.
Once the loan has been approved, a once-off, all included interest equal to 12% of the loan amount is calculated.
Once interest is calculated and loan documentation accepted and signed, you will receive your cash injection.
During the course of your loan period, no interim payments will be required.
After the 90 days, you repay the full loan amount plus the 12% interest amount.
Access to funding with no repayments for 90 days, at an all-in cost of 12%.
On day 90 you have the option to either settle the loan capital plus all-in 12% interest or convert this to a short-term loan with 13 repayments. The short-term loan’s interest is calculated on the utilised loan balance.
To find out more about the Opportunity Bridge Loan contact us today.
On day 90, you have the option to either settle the loan capital plus 12% interest or convert this to a short-term loan with 13 repayments. The short-term loan’s interest is calculated on the utilised loan balance.
Provide your details below and one of our Business Funding Analysts will be in touch.
