AMOUNT:
R100K – R5M
PERIOD:
3 - 24 MONTHS
CRITERIA:
Trading history of 3+ years
Company annual turnover of R10M+
Experience unmatched flexibility with our Opportunity Bridge Loan that starts with a 90-day payment holiday.
Once the loan has been approved, a once-off, all included interest equal to 10% of the loan amount is calculated.
Once interest is calculated and loan documentation accepted and signed, you will receive your cash injection.
After the 90 days, automatically convert to a term loan or settle your loan with a single repayment.
Access to funding with no repayments for 90 days, at an all-in cost of 10%.
After the 90-day payment holiday, automatically convert to a term loan and repay over 12 to 24 months or settle your loan with a single repayment of the capital amount plus an all-in cost of 10%.The term loan’s interest is calculated on the utilised loan balance.
To find out more about the Opportunity Bridge Loan contact us today.
Provide your details below and one of our Business Funding Analysts will be in touch.
