Frequently Asked Questions
FAQ
Frequently Asked Questions
What is bridging finance?
Bridging finance is a form of short-term finance, typically taken out for a period of 2 weeks to over 1 year that allows an applicant to access funds that they are guaranteed to receive in the future but require financial support now. The repayment is made in full when the property transaction concludes.
Why use Nayle Finance?
Nayle Finance offers the best affordable interest rates within the market. Advances can be paid out within 24 hours once all contractual obligations have been fulfilled.
How much can I apply for?
Nayle Finance can advance between 40% – 65% of the amount due to you when the property registers in the Deeds office.
How do I apply?
Complete the application form or call our office to speak to one of our finance consultants who will assist with your enquiry.
When will the advance be paid?
Bridging finance has a short turnaround time for processing your application and completing the pay-out of your loan amount. Advances can be paid out within 24 hours once all contractual obligations have been fulfilled.
What are the costs involved?
Costs are determined by the extent and size of the deal. If you would like a quote, please contact us.
Do I need a good credit rating?
Credit assessments are not conducted within the process of approving a bridging application.
Nayle Finance
Contact Us
Call Us – 010 745 2849
Email us – niki@naylefinance.co.za
Call Us – 082 800 1997
Email us – jaco@naylefinance.co.za
Address – 268 Ontdekkers road, Roodepoort, Gauteng 1709