Unlock quick funding for
short-term property transactions
Unlock quick funding for short-term property transactions
The partner of choice for sellers, cash short-asset rich businesses, conveyancing firms, property traders, real estate agencies and property developers across South Africa.
Asset rich but cash flow poor? Get short-term funding to take advantage of that business opportunity.
Development Finance
Get funding to kickstart your project or complete your development.
Sellers Advance
Just sold your property?
Get a quick cash advance of up to 75% of your net proceeds.
Mortgage Bonds Advance
Awaiting a payout on a further or new mortgage on your existing property and need a quick cash advance against your net mortgage proceeds? We’ve got you covered.
Rates & Taxes Advance
Rates clearance figures payable to the council? Don’t sweat your bank account. Bridge it against your net seller’s proceeds.
Transfer Costs & Duties
Just got your signed OTP?
Assist your seller in securing the funds they need to cover transfer duties and costs against your net seller’s proceeds.
Property Auction Funding
Property Traders – unlock your portfolio growth!
Get more buying power for property auctions.
Estate Agent Commission Advance
Short on cash and just sold a property?
Get a quick cash advance on your pending commission.
Funding of Endowment
Are unexpected costs payable to the council?
Put an end to transfer delays with a quick cash advance.
premier
funding solutions
The first short-term loan facility for large-scale asset-rich, cash-flow-poor businesses!
As a specialist provider of property bridging and short-term property finance, we have become the preferred partner across South Africa, helping our customers unlock growth opportunities for themselves, their businesses and their clients.
We enable you to receive a cash injection of funds when it is needed most, eliminating waiting periods for monies that are determined and will be payable to you at a future date. You can be confident in knowing that your information and dealings with Prevance will be kept in the strictest of confidence.
Advances are paid once all the contractual obligations and the suspensive conditions of the underlying transaction are fulfilled. We endeavour to make the advance payments via electronic transfer into the nominated bank account of the customer as soon as possible after the application is received. We aim for a 12-hour turnaround time.
The amount that will be advanced is a percentage of the equity realised in the transaction and is determined on a deal-by-deal basis depending on the overall credit assessment for the customer. As a general rule, the advance would usually not exceed 75% of the equity realised.
Although a credit check will be conducted before any advance, this does not mean that you will be excluded from obtaining an advance. Where a customer has an unfavourable credit rating our credit department will make a decision based on an overall credit assessment.
What our customers say
Eloise Henkel
Rayne, thank you and your team for the prompt and efficient service. I will definitely recommend you!
Lutchmun Sanjeev Boyjoonauth
Rayne, thank you and your team for the prompt and efficient service. Will recommend your services to my cllients as well.
Alain Allen
Thank you Prevance for your professional service in providing what was needed. I definitely recommend Prevance services to others as well