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Pension Bridging Loans

Get up to R32 000 of your nett pension, no long waiting periods

Why Us?

3 Day Turnaround

Approvals can be granted in as quickly as 3 days.

Competitive Interest Rates


No obligation to sign the loan contract.

No Hidden Costs

All fees are clearly stated in your loan agreement and quote

Are you waiting for a pension or provident fund payout?

Have you been waiting for a lump sum payout from your pension or provident fund? Maybe you need the money NOW and can’t afford to wait. A pension bridging loan can give you access to up to R32 000 of your lump sum payout early, as a pension cash advance.

Our experienced lenders have fast turnaround times and process most qualified applications in as little as 3 days.

You can apply if you are:

– Retired
– Retrenched
– Dismissed
– Divorced
– Deceased Estates

Years Established

Applications Processed

Supporting Documents

– ID
– 2 months bank statements
– Last payslip
– Pension/provident fund benefit statement
– Letter from employer confirming and accepting severance package/medical disability
– Letter of appointment with new company (where applicable)
– Divorce settlement (where applicable – i.e. if you are wanting bridge a pension payout which is part of a divorce settlement)
– Fax the documents to the numbers indicated on the bridging finance application form which will be sent to you.

Cash Advance Conditions & Costs

Minimum Term 70 days
Maximum Term 90 days
APR ( Annual Percentage Rate ) 35.4 %
(NCR rate: Repo Rate x 2.2 + 20 %)

Representative Example (dependent on term and service required)

Advance R 10 000
Interest – 35.4 % pa R 3 540
Interest on 90 days term R 885
Admin Fee 1 R 150
Admin Fee 2 R 900
Capital R 10 000
Total Indebtedness R 11 935

How It Works

You can conveniently apply online by submitting our form below. Our loan provider will be in contact within 48 hours.

Send the documents to the numbers indicated on the bridging finance application form which will be sent to you.

The credit provider will first do a credit bureau check and assess the applicant’s credit profile.

There may be a telephonic interview conducted to verify elements of the application.

The credit report and interview results will be submitted to the credit committee for consideration.

If approved, a “loan against pension” contract with all terms and conditions will be sent to you for signature and once received back, the pension payout or provident payout will be made to your specified bank account.

It is advised that you settle this bridging loan as soon as possible so as to close the contract and to stop incurring costs.

Please be advised that by bridging pension funds or bridging provident funds, you are using savings that are meant for future use.
It is generally very easy to take out Pension fund loan or Provident fund loan and so this decision should be carefully considered before making use of the facility.

We suggest that you take the funds out for the shortest possible time to ensure that your costs are kept to the bare minimum.

Terms and Conditions
All pension bridging loans and provident bridging loans are subject to the lenders terms and conditions.
Maximum Amount
You can get 10% up to a maximum of R32 000 of your nett Pension, Retirement Fund, Retirement Annuity or Provident Fund due to you, as a pension loan.
Credit Rating
It is ideal to not have any bureau listings as this will give you a better chance of being approved. However, if you have bureau listings then we will submit to the credit committee for consideration. They will make a decision based on their assessment of the risk.
Our rates are highly competitive and are governed by the National Credit Act. Some loans are based on a daily rate and others may be on a monthly rate depending on the size of the loan, the duration, the assessed credit risk and the different Pension Funds or Provident Funds.
Processing Times
If we have ALL the documents we require this can be as fast as 3 working days. IF documents are missing or the loan application needs further assessment it will take longer.
This is dependent on your risk profile, the amounts involved and various factors which will influence the loan conditions. You can be assured however that this falls within the National Credit Regulator’s loan conditions and all the financial services regulations in South Africa and so you are protected from any unscrupulous dealings.

There are however two main costs:
1. Admin fee to set the process up
2. Monthly interest charge. These will be shown on the final contract which is presented to you for consideration

Pension/Provident Schemes
Most private schemes are on the approved lists. However, due to the risk and delays associated with certain government schemes, some loans against pension or loans against provident funds are not able to be done.

Submit your application

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