Bridging Finance

UNLOCKING FUNDS FROM THE SALE OF YOUR PROPERTY OR THE SETTLEMENT OF A ROAD ACCIDENT FUND CLAIM.

Lamna can advance a portion of the money available on transfer upfront. Read more about Property bridging finance

If your attorney has settled a claim against the Road Accident Fund, it can still take months to receive your award.

Lamna can advance a portion of your claim until such time as it pays out. Find out more about our RAF bridging finance.

Speak to a consultant

086 111 2866

or Apply online

Latest Assets News From The Lamna Blog

Speak to a consultant

086 111 2866

or Apply online

Find out more about secured loans against assets
Have Questions?
Know more and read our FAQ’s or contact us if you have any queries.
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APR & Loan repayment period

Fixed rates range from 36% to 60% APR and payment options range from minimum 3 to maximum 24 months. Apart from the initiation and monthly fees shown below, the only additional fee is credit life insurance if the borrower does not have this already.

Renewals

All accounts may be renewed if they are up to date.

Collection

All payments are made via EFT or direct deposits into Lamna’s bank account. There are no debit orders.

Non-payment

Non-payments may result in the matters being escalated.

Illustrative example

Client borrows R10,000 for 90 days.

Loan Amount Repayment Period Monthly Repayment Total Cost of Loan Initiation Fee Monthly Fee
(Interest + Service charge)
APR
R10 000 3 months R568.40 R12 902.20 R1 197 R560 60%