New Heights Finance - Property Equity Release

Property Equity Release:

You can now access 80 % of the equity in your property in 10 days. Equity is the "current value less the current bond".

Example:

	Property Value	R 2 000 000.00
	less Bond	R 1 200 000.00
	Equals Equity	R 800 000.00
	80% of equity available to you	R 640 000.00

Examples of where this is applicable:

A private person has a property that is being renovated or is being built. Cash is needed to complete the project. If completed then the property is worth more than the amount that has been invested in the renovation and so equity can be released to complete the project.

A business owns a property (commercial, industrial, residential or agricultural) and needs to access equity quick to take advantage of some opportunity. We arrange a cash advance in 10 days, using the property as security for the loan granted.

A developer has nearly completed a residential or commercial development and needs to release the profit made, before the transfers to new owners take place.

A cash deposit is needed to secure another loan. A property can be offered as security.

Basic Requirements :

	Adequate security for the loan to be provided such as, permission from first bond holder to take a covering bond over the property or insurance policy cession in place.
	Equity to be in excess of R 325 000.00.
	Minimum loan to be R 250 000.00 maximum almost unlimited !
	Longest term of loan is 12 months but ideally 1 to 9 months
	Loan settlement plan needs to be achievable. For example, sale of the property, proceeds from other activities, policy payout etc.
	FICA docs presented.

Businesses :

	Latest audited financials
	Management accounts to date
	Assets and Liabilities schedules

Private Persons :

	Banks Statements last 6 months
	Assets and Liabilities schedules

Contact us to arrange a quick and effective way to access your properties equity ! No bank delays. Personal service. Quick decisions. Competitive Rates.
Earn Commission: Our referral program enables you to become part of our Lead Provider program to earn commissions on referrals. Please fill in the "APPLY NOW", no obligation enquiry form for more information.