
Get the free Latest Bridging Finance Discounting application form - Capx.co.za
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1 CAP BRIDGING FINANCE Tel 021 979 1960 Fax 021 979 1996 Cap Bridging Finance (Pty) Ltd Reg number 2011/103346/07 La Fontaine Wester dale Rd Durbanville PO Box 4402 Tyler Valley 7536 BRIDGING FINANCE
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What is latest bridging finance discounting?
Latest bridging finance discounting refers to the process of obtaining a short-term loan to bridge the gap between the purchase of a new property and the sale of an existing property, with a discounted interest rate applied.
Who is required to file latest bridging finance discounting?
Individuals or businesses who are in need of short-term financing to facilitate the purchase of a new property while waiting for the sale of their existing property are required to file for latest bridging finance discounting.
How to fill out latest bridging finance discounting?
To fill out the latest bridging finance discounting, you need to provide relevant information regarding the properties involved, the loan amount, expected sale price, projected timeline, and any other necessary financial details. It is recommended to consult with a financial institution or a professional advisor for assistance in filling out the form correctly.
What is the purpose of latest bridging finance discounting?
The purpose of latest bridging finance discounting is to provide individuals or businesses with immediate access to funds for the purchase of a new property, even if their existing property has not yet been sold. This allows them to seize investment opportunities or secure their desired property without waiting for the sale proceeds.
What information must be reported on latest bridging finance discounting?
The information required to be reported on the latest bridging finance discounting includes details of the properties involved (such as address, value, and ownership), loan amount, interest rate, term, projected timeline for the sale of the existing property, and any other relevant financial information as requested by the lender or financial institution.
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