Working capital for awarded government and corporate tenders, secured against property, plant or securities you already own. Same-day decisions, no upfront fees, no BEE or sector restrictions.
Most tender-finance providers lend against the contract itself — the award letter, the purchase order, the cession of receivables. That means their risk is the government department paying on time. Ours is not.
We secure the loan against an asset you already own: property, yellow metal, or a listed portfolio. The tender proceeds repay the loan when they arrive, but if they are delayed — and the numbers above show they often are — you are not in default and we are not chasing you.
The result is a faster decision (we are underwriting the asset, not the department), a lower rate (the asset de-risks the facility), and no cession of your contract receivables.
| Security Offered | Max LTV | Typical Term | Min Amount |
|---|---|---|---|
| Residential property | 50% | 1–24 months | R50,000 |
| Commercial property | 55% | 1–24 months | R50,000 |
| Yellow metal — custody | 55% | 1–12 months | R100,000 |
| Yellow metal — in use | 40% | 1–12 months | R250,000 |
| Listed securities | 60% | 1–12 months | R250,000 |
| Vehicle / fleet | 60% | 1–12 months | R50,000 |
| None — unsecured | Case by case | 1–6 months | R50,000 |
You can offer any asset we accept across our product range. See Loan Against Shares for the full instrument schedule, or Loan Against Yellow Metal for the plant and equipment tiers. If you have no security available, select “None” in the application — we will assess on a case-by-case basis, but expect a lower advance, shorter term and higher rate.
You must have a letter of award, purchase order, or signed contract from a government department, state-owned entity, municipality, or a corporate with investment-grade credit.
The borrower must be a company, close corporation or trust registered in South Africa. Sole proprietors considered where the contract is in their registered business name.
Property, plant, vehicles or listed securities. If you have no security, we still consider applications where the awarding body has a strong payment record and the contract value exceeds R500,000.
The entity and its directors must not be under sequestration, in business rescue, or subject to unsatisfied court judgments exceeding R50,000.
Every credit provider in South Africa must be registered with the National Credit Regulator. Our registration number is NCRCP7168. You can verify it at ncr.org.za.
Section 90(2)(b) of the National Credit Act prohibits a credit provider from charging any fee before a loan is disbursed. If someone asks for an “arrangement fee”, “processing fee” or “insurance deposit” before you receive funds, it is fraud.
Ask for the company’s registered name, registration number, and physical address. Check them against the CIPC register at eservices.cipc.co.za. If anything does not match, walk away.
Because government payment cycles are unpredictable. Securing the loan against an asset you own means your facility does not depend on when the department pays. If payment is delayed — and the statistics show it often is — you are not in default.
We still consider applications. Select “None” in the security section of the application. Unsecured facilities are assessed case by case and typically carry a lower advance (up to R500,000), shorter term (1–6 months) and higher rate.
Yes, provided the total facility does not exceed the asset’s LTV limit. If your property is worth R2 million and you have a R500,000 facility against it, you can apply for a second facility up to the remaining headroom.
No. We do not take cession of your receivables, purchase orders or contract rights. The tender proceeds flow to you as normal. You repay the loan from those proceeds (or from any other source) when they arrive.
Same day, if you apply before noon with all documents. The main delay is usually the valuation of the security asset — for listed securities this is instant, for property it may take 24–48 hours.
You repay the capital and any outstanding interest. The security is released the same day if repayment clears before 14:00. Many clients roll the facility into the next tender.
No. Your BEE level does not affect approval. We are underwriting the security asset, not your transformation scorecard.
Letter of award or signed contract, company registration documents (CK1/CoR14.3), ID copies of directors, six months’ bank statements, and details of the security asset you are offering. See the application form for the full list.
Unlock the capital tied up in your property without selling it. Residential, commercial, industrial or land — if it has value, we want to hear about it. We lend to businesses and juristic entities against property types that mainstream banks regularly decline.
Borrow against your vehicle or moveable asset. We take full physical custody of the asset for the entire loan term — professionally stored in a secure, insured facility — and return it in the same condition upon full settlement.
Short-term secured capital for business owners and entrepreneurs who need to move fast and cannot wait for a bank's credit committee. We take a commercial view and structure deals that work for real business situations.
You've sold your property but funds are tied up while transfer is processed. Bridging finance gives you access to up to 75% of your net sale proceeds now — not in three months. Widely used by sellers, attorneys and conveyancers.
Short-term finance for property developers who need to move fast. We understand that development timelines are unpredictable and structure deals that work for real-world development.