The Business Partners Property Fund is a unique commercial & industrial property financing solution for end-user businesses looking to re-finance or purchase their own premises. The fund offers up to 110% funding (full purchase price plus costs) on the property with funding parameters of between R500,000 to R50million over a maximum term period of 10years. Full gearing of the property allows the entrepreneur the freedom of not having to tie up the usual 30% unencumbered cash requirement banks look for when financing a commercial or industrial property allowing for the businesses cash resources to be put to better use.
Applications are considered based on the following conditions:
1.) The underlying business must be proven to be viable and been in existence for no less than two years;
2.) The business should have a sound financial track record;
3.) The business must occupy at least 50% of the property to be purchased;
4.) The property to be purchased should be in a good condition, well located and be available at a reasonable market value;
5.) The operating business should meet affordability expectations.
* Residential and agriculture properties are excluded from this particular fund.
Contact us to streamline your property funding objectives today…