Funding against the security of unbonded fixed property (Secured Loan)
This is for a business with a temporary cash-flow shortage. A Secured Loan from CapX allows access to the equity, surplus or profit locked up in fixed property quickly. This may provide a cash injection into your business, allow you to expand your business or to pursue a new business venture.
- The property must be unbonded;
- The property must be worth at least R 625 000;
- The lender must be a business entity, such as a company, close corporation, trust, or partnership;
- The loan period varies from between 6 – 12 months
- The loan amount varies from R 250 000 to R10 million.