You need funds urgently to benefit from an extremely lucrative business opportunity that arose with limited time to perform.
A short-term liquidity problem arises as a result of certain funds taking longer to realize than initially planned.
A business transaction that needs to be settled, but has been delayed because of unforeseen circumstances.
An immediate cash crisis arises and all equity is currently tied up in fixed assets.
1. Prime security (real estate, listed shares, etc.) required as collateral for loan.
2. Lender's valuation to be conducted.
3. Lender needs full control over and access to the security (eg property has no tenant or owners' occupation).
4. You need to provide us with the means for repayment of the loan, or:
5. Alternatively the loan will be repaid from the proceeds of the sale of the security.
6. Loan to Value (LTV) = Between 50% to 60% of the value of the security provided.
7. Opportunity Cost = Interest rate between 1.25% to 1.5 % per week.
8. Term = Normally 60 to 90 days, but alternative structures will be considered on a case by case basis.
Company Details
- Employees
- 2
- Founded
- 2008
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- http://www.altfund.co.za
- Competitors
- AltFunds Global, SafetyWing, Influencer.
Altfund Questions
Altfund's website is http://www.altfund.co.za
Altfund's LinkedIn profile is https://www.linkedin.com/company/altfund
Altfund has
2 employees.
View email and phone details for 2
employees at Altfund.
Altfund's industry is
Financial Services
Altfund's categories are Financial Services
Altfund's founding year is 2008
