At TUHF, we provide access to finance to people with passion, potential and integrity for purchasing, converting or refurbishing buildings in the inner cities of South Africa. Our hands-on approach and specialised knowledge of the complexities of inner cities enables us to empower our clients to catalyse the regeneration of our neighbourhoods and communities.
TUHF’s Bridging Finance covers short term loans up to 6 months to enable entrepreneurs to cover temporary needs, where a quick decision making is required when purchasing inner city property. Bridging finance may be required for:
- Rates Clearance Certificates
- Balance of purchase price (early profit release) to buyers and sellers – for example property auctions or where funds are required before registration of transfer
- Profit from sale of property
- VAT refunds
- Related transfer transaction costs (e.g. transfer duty)
Our bridging finance is competitively priced and, depending on the requirements of the particular problem, quickly available. Cost-to-client is based on the level of security available with the highest price being for unsecured loans.
Source: http://www.tuhf.co.za/
TUHF (Owner)
