Q: Is the interest rate on a bridge loan low?
A: A loan bridge loan taken out cannot exceed the what the client has to repay. We at Bridging Finance Johannesburg offer an affordable assessment before granting the loan.
Q: How long does the application take?
A: The application form that needs to be filled out ism really quick and simple. The only process that may take a little longer is that Bridging Finance Johannesburg needs to get proof that the client is receiving a large sum of money to them in the next few months in order for us to approve the finance.
Q: What is bridging finance?
A: Bridging finance is a short term loan for those that are waiting a large sum of money that is being paid out to them.
Q: Can a large company apply for bridging finance?
A: Yes any reputable company can apply for bridging finance as long as there is a cash flow in the business.
Q: Does Bridging Finance Johannesburg only assist with people and companies based in Johannesburg?
A: For now yes Bridging Finance Johannesburg only assists in the Johannesburg area. But are looking at expanding.
Q: Who can apply for bridging finance?
A: An individual or company may apply for bridging finance as long as there is proof that they are receiving a payment being made to them.
Q: How much can I apply for bridging finance?
A: The best is to contact Bridging Finance Johannesburg to receive more information on how much one can get financed for.