SME FINANCE SOLUTIONS
BUSINESS FINANCE
We provide business finance ranging from R500 000 to R50 million to established entrepreneurs with a viable formal business. Finance can be used for expansion, working capital, equipment, takeovers, property, franchises, property finance for owner occupied businesses, revamps, or management buy-outs.
If you are an established entrepreneur, apply today to obtain finance tailored to your individual requirements.
UP TO 100% COMMERCIAL PROPERTY FINANCE
Watch this video to learn why you should own your business premises
PROPERTY FUND
Our Property Fund caters to established entrepreneurs with a viable business who want to refinance or purchase their own premises, but may have limited capital or security to contribute, or may not want to compromise the business’ cash resources for the deposit. We also finance Residential property developments, Properties for student accommodation and Commercial property developments. You should choose our commercial property finance because:
- In most cases, conventional financiers require a cash deposit before considering financing a property deal. The deposit amount depends on the risk appetite of the financier and deposits of up to 50% may be required.
- We allow the business owner a choice of different financing options and can structure the deal by advancing up to 110% of the financing required, subject to terms and conditions.
PROPERTY JOINT VENTURE FUND
Our Property Joint Venture Fund provides finance to established entrepreneurs looking to add multi- tenanted properties to their investment portfolio. We do this because we understand that multi-tenanted properties provide both capital appreciation and a rental income.
We co-invest in multi-tenanted property projects mainly in two instances:
- When a potential investor (established entrepreneur) is unable or unwilling to invest the full deposit (equity) required by a commercial lending institution.
- Where a viable property investment has been over-geared and needs a restructuring of the existing debt, converting debt finance to equity finance.
GREEN BUILDINGS FINANCE PROGRAMME
GET FINANCE TO BUILD IT GREEN. MAKE IT GREEN.
We are proud to introduce our Green Buildings Finance Programme.
Our Green Buildings Finance Programme provides up to 100% property finance ranging from R500 000 to R50 million to established entrepreneurs with a viable business who want to invest in green buildings and achieve green building certification. We finance the purchase, construction, and/or retrofit of buildings if their designs are certified under an eligible green building certification. Our main focus is on industrial and retail spaces. For the information brochure: Click here.
Benefits of the Green Buildings Finance Programme
Our Green Buildings Finance Programme provides the following benefits to the business owner, which lower the cost of greening and reduce the payback period for the greening spend:
- 100% property finance cost.
- 100% of the capital expenditure cost to green the building (capped at 4.5% of the total cost of the building). The rebate will be credited to the client’s property loan account.
- 10% legal and transfer duties.
- A 40% rebate of the capital expenditure to green the building (40% of 4.5%) credited to the property loan account on achievement of final certification.
- A non-refundable grant of R150 000 to cover the cost of green building certification and audit.
Properties qualifying for Green Buildings Finance
The following properties qualify for finance; the finance is subject to the business owner providing the eligible green building certification.
Eligible Green Buildings Certifications
These green buildings certifications are eligible however documented evidence should be submitted for each: BREEAM, EDGE, GREEN STAR, LEED.
Exclusions
We do not provide finance for:
- Refinancing purposes, except in the cases where the finance will be used specifically to convert developments to meet the criteria for eligible buildings and to be certified under an Eligible Green Building Certification.
- 5-star hotels and 4-star resort hotels.