Elevate Capital in Cape Town
BRIDGING FINANCE | DEBT CONSOLIDATION LOANS | BUSINESS FINANCE | PROPERTY INVESTMENTS
Elevate Capital offers Bridging, Business and Property Finance to Companies & Individuals who needs quick access to their money, equity or proceeds. Our turnaround time for Bridging Finance is a few hours, though Business and Property Finance depends on the individual transaction.
We offer the quickest Bridging Finance available for Sellers, Estate Agents and 2nd/switched Bonds with the following limitations: 1. Property Sellers: a. R1 - R10mil b. Contracts and documents are signed c. All conditions are met 2. Estate Agents: a. R1 - R1mil b. Contracts and documents are signed c. All conditions are met 3. Further Bonds / Bond Switchesa. R1 - R10mil b. Contracts and documents are signed
So, if you've sold your home, sold someone else's property or raised a mortgage bond and you cannot wait the long period until registration and transfer, give us a call… money is only a phone call or email away!
We assist people who own property and has a lot of debt to consolidate it into one account. Here are the conditions: 1. Value of house - R450'000 + 2. Total debt, including bond - 60% or less of value of house 3. Bad credit records WELCOME 4. Debt Review, Black listed and admin orders are WELCOME Part of the service if to rehabilitate your credit record, so that after you've gone through our process, your credit record will be clean.
We assist Company owners who own an unencumbered (or with a small bond) property(ies), with short term funding. The process is quick (Approval in Principle take around 48 hours after receipt of all supporting documents) and very transparent. Fees and repayments are explained upfront and doesn't change. Minimum conditions: 1. Applicant must be a Juristic Person 2. Loans of R500'000 - R20mil. 3. Invoice discounting between R100'000 and R10mil 4. LTV of 60% max is accepted 5. Financial Statements must be up to date If your company is having Cash-Flow constrains (Asset rich, cash-flow poor), and you would like to do something about it, give us a call! Also, if your company is growing and need additional capital, we will assist you when you need it most!
If you're falling behind on your bond repayments, levies, rates, debt payments, etc. and you're worried you're going to lose your house on an auction, fear no more! How we can help: 1. We'll buy your house, so it's off your name and 2. We let it back to you for a while till you find your feet again. 3. We'll include an exclusive option for you to buy the house back for a small profit. 4. If you cannot BuyBack, you simply sell the house and pocket the difference. Also called "Sale and Leaseback", just cooler, because you can buy back your house for much less than market value.