Payday Loans | Term Loans | Bridging Finance

Deceased estates

Have you inherited money and require a bridging loan pending finalisation? We provide bridging facilities to the beneficiary of a deceased estate, provided the relevant documentation is in order. 

 

We will provide bridging facilities to the beneficiary of a deceased estate provided the following confirmation/documentation can be provided:

  • Letter of executorship
  • Copy of L & D account
  • Confirmation that the final L & D account has been submitted to the master
  • Letter of undertaking from the attorneys or executor attending to the winding up of the estate.

We would advance up to 50% of the cash portion of the settlement due to the beneficiary or a maximum of R100 000 (higher amounts may be approved with the consent of the directors)

The same/similar credit process etc will be followed as for matrimonial bridging.

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