Request a Cash Loan
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Apply for a cash loan

A cash loan secured by your property as collateral, is a powerful financial solution that allows you to access funds tied to the equity of your assets, without losing ownership of the assets in question. Whether you need urgent cash flow, want to consolidate debt, or plan a significant expense, when you apply for a cash loan, you are harnessing a practical way to achieve these financial goals while retaining ownership of your property.

At Bondfin Assist, we specialize in helping individuals and businesses unlock the value of their assets through flexible cash loan solutions. With our expertise and strong relationships with leading financial institutions, we are your trusted partner in achieving financial freedom.

What does it mean to apply for a cash loan secured by your property?

Cash loans secured by property use your fixed assets as collateral to access funds. These loans are particularly suitable for individuals who have built up equity in their property, offering a reliable way to obtain financing (of that equity) without selling assets. Surplus equity arises when the market value of your property has grown to exceed the bonded value.  This surplus can be offered as equity to secure a cash loan.

Cash loans secured by property use your fixed assets as collateral to access funds. These loans are particularly suitable for individuals who have built up equity in their property, offering a reliable way to obtain financing (of that equity) without selling assets. Surplus equity arises when the market value of your property has grown to exceed the bonded value.  This surplus can be offered as equity to secure a cash loan.

The loan amount is typically determined by the value of your property, minus any existing mortgage or bond. By leveraging this unencumbered equity, you can unlock funds for various needs, including:

Debt consolidation

Home renovations or improvements

Business investments

Educational expenses

Managing unforeseen emergencies

Additionally, through our partnership with AutoFin Assist, we offer cash loans secured by movable property, such as vehicles. This option is ideal for clients who prefer not to use their fixed assets as collateral.

The process of securing a cash loan

Apply for a cash loan through Bondfin Assist and discover our straightforward process. In a nutshell:
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Asset Valuation

The value of your fixed or movable property is assessed to determine the amount of equity available for a loan.

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Loan Application

Submit the required documentation, including proof of income, bank statements, and property ownership details.

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Credit Approval

Lenders perform a credit assessment to ensure affordability and financial stability.

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Loan Agreement

Upon approval, you’ll receive a loan offer with transparent terms, including repayment schedules and interest rates.

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Funds Disbursement

Once all legal requirements are met, the loan amount is disbursed, giving you immediate access to the funds.

For a detailed account of the process involved, click here.

The banks we work with

Why choose Bondfin Assist for your cash loan?

Personalized solutions

We understand that every client’s financial situation is unique. Our consultants work closely with you to design a loan solution tailored to your specific needs and goals.

Competitive rates

Thanks to our strong partnerships with South Africa’s leading banks, we negotiate competitive terms to ensure you get the best value from your cash loan.

Flexible collateral options

Choose between fixed property or movable assets as collateral, allowing you greater flexibility in securing the funds you need.

Streamlined process

Our efficient application and approval process eliminates unnecessary delays, ensuring you receive your funds quickly and without hassle.

Expert guidance

Our team of experienced professionals is here to guide you through every step of the process, offering clear advice and dedicated support.

Guide to obtaining a cash loan

If you’re looking for effective strategies to unlock cash, lower monthly expenses, and enhance your financial standing, consider these steps to access available funds.

Be informed

Our consultants are available to assist you by calculating the potential amount and providing a detailed breakdown of what we can offer.

Select your preferred application option
  • Apply online with your details and we will contact you.
  • Call our Sales Contact Centre on 011 100 4777 to discuss your cash loan solution needs with one of our specialist consultants.
Send us your documentation

Send us the required documentation. Thereafter your consultant will do the rest.

You’ll need to provide us with the following documentation:

If you are an employed individual:

  • Proof of income:    Payslips for the last 3 months. Whether you are weekly, fortnightly or monthly paid, the 3-month payslip requirement remains (for both applicants or all parties involved in the application, as applicable).
  • Personal bank statements for the last 3 months from all active banking accounts (for both applicants if applicable).
  • Mortgage loan statements for the past 12 months. (If the property is paid in full, a copy of the title deed.)
  • For all loan amounts more than R1,500,000 a statement of personal assets and liabilities.
  • Copy of your ID document (for both applicants if applicable).
  • Copy of Marriage Certificate or ANC Contract (if applicable).
  • Latest rates/levy statement/utility account statement.

Note* Only required for clients that are applying for a cash loan/refinancing home/property  

If you are self-employed:

  • Proof of income: Letter of Earnings from an Accountant (for all applicants, where applicable).
  • Personal bank statements for the past 6 months (for all applicants if applicable).
  • Personal assets and liabilities statement.
  • Business bank statements for the past 6 months, for all active business banking accounts.
  • Annual Financial Statements for the past 2 financial years.
  • Where Annual Financial Statements are older than 6 months, current Management Accounts not older than 2 months signed by the applicant and accountant, in addition to the Annual Financial Statements.
  • Copy of ID document (for all applicants, where applicable).
  • Copy of Marriage Certificate or ANC Contract.
  • Copy of Registration Documents or Trust Deed.
  • Copy of Purchase Agreement. *
  • 12 months bond statements or copy of title deeds.
  • Latest rates/levy statement/utility account statement. 
Property valuation

An expert appraiser will arrange an appointment to perform an assessment of the value in the property.

Sign a letter of acceptance

Once the application has been credit approved, we prepare a home loan proposal, called an LOA. This document details the costs, interest rate, indicative instalment and other important information for you to evaluate and sign.

Conveyancing

The national panel of attorneys that is on the bank’s panels will prepare all the necessary bond registration documents and will make an appointment with you to sign them.

Lodgement

The lodgement of bond registration is the next step and occurs immediately after the requisite documentation has been signed through the attorneys.

Await registration

Registration of your bond at the Deeds Office will take approximately 4 to 6 weeks.

Once your loan is registered against your property, we will continue to provide you with the same personalised service and attention, and all the while you are still living in your house/property.

Are you ready to register for a cash loan?

Contact us today to discuss your options with one of our trained staff members.
The process of registering a cash loan

If you’re exploring effective ways to access cash, reduce monthly expenses, and strengthen your financial position, consider these straightforward steps to refinancing and unlocking funds.

Step 1

The bond attorneys (appointed by the bank registering the bond) request the draft deed and guarantee requirements from the cancellation attorney (appointed by the bank cancelling our client’s existing bond). This information is forwarded to the Bond Attorneys, who then proceed to draft bond documents.

Step 2

Bond documents are drafted, signed by our client and the guarantees are forwarded to the cancellation attorneys to obtain consent for the cancellation from the client’s existing bank.

Step 3

Once all documents have been signed, the bond attorney arranges for lodgement of the documents.

Step 4

Once lodged, the Deeds Office takes approximately 4 – 6 working days to process the documents before registration takes place.

Step 5

Payment is made to our client on the date of registration of the loan against your property, in order for you to consolidate all your debts.

Delays could be caused by:

  • Failure by the client to provide personal information.
  • Failure by the client to provide details of the bank holding the existing bond.
  • The existing bondholder not providing cancellation figures and title deeds to the transferring attorney.

The client delays the signing of the bond documents.

Access the value in your assets with Bondfin Assist

Cash loans secured by property provide a versatile solution for individuals and businesses needing immediate funds while retaining ownership of their valuable assets. At Bondfin Assist, we are committed to making the process seamless and stress-free for our clients.

Contact us to learn more about how we can help you unlock the potential of your assets with a tailored cash loan solution.