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What We Do
You have assets, but you need money. You will have the money soon, but you need it now. A business opportunity will be lost if you can’t act now. You need Beneficio Finance Corporation for asset-backed short-term finance.
Bridging a temporal cash flow had not always been as difficult as today. Bank managers knew their customers and the value of their assets and could use their judgement. Dramatic instances of bad judgement, as well as the influence of information technology, changed everything. Banks’ computer systems can now instantly evaluate loan applications, based on regular income. This excludes persons with irregular incomes – regardless of their assets.
Asset-backed short-term finance is not a prudent way to finance one’s lifestyle. Therefore customers must be legal persons who are exempt from the National Credit Act of 2005. The cash flow constraint financed in this way must be truly of a short duration. The advantages of borrowing must exceed associated costs. The interest rate is around 1.25% per week.
You, the asset-rich business person, need a private provider of asset-backed short-term finance, like Beneficio, for your liquidity needs. We need the following:
- Sufficient security – we focus on real estate and aircraft
- Your FICA-documents
Visit us at our offices in Waterkloof, Pretoria.