Green Door Bridging loans can assist you with bridging finance to meet your monthly commitments while you are waiting for a lump sum payout from your Pension Fund, Provident Fund or Retirement Annuity. We offer bridging loans whether you have resigned, retired, been retrenched, dismissed or divorced or waiting for an annual payment from your retirement annuity.
A friendly Green Door consultant is ready to assist you in this process.
Our Services
Resigned
Even a carefully planned resignation can have disastrous effects on your creditworthiness if the money from your package that you relied on to cover your monthly expense, is not received timeously. This happens often because the processing of your Pension or Provident fund causes delays. The processing can take up to a few months! causing your money to be paid to you much later than previously anticipated. However, you can take control back by obtaining a bridging loan from Green Door Bridging Loans. We will relieve you of the stress caused by worrying about bills piling up while you wait for your funds to be processed.
Retrenched
So many South Africans are being retrenched during these difficult economic times & the statistics show that the unemployment rate in South Africa increases annually, which includes retrenchment. Retrenchment is a huge financial blow. Often it may take a few months before you receive your Pension or Provident Fund pay-out because the process is so lengthy. However, by obtaining a bridging loan from Green Door Bridging Loans, we will help relieve you of the stress caused by worrying about bills piling up while you wait for your funds.
Divorced
Divorce can be traumatic. To make matters worse you have to cover many unexpected expenses which are time-sensitive. If you are relying on your money from the divorce settlement to cover these expenses, it can take some months for the Pension or Provident Fund to pay them out. Obtaining a bridging loan from Green Door Bridging Loans will relieve you of the stress caused by worrying about bills piling up while the Fund processes your divorce claim.
Retired
Retirement is a time to look forward to. A time to relax and reap the rewards of your years of hard work. Unfortunately, Pension or Provident Funds often take many months to pay out your lump sum claim causing you to default on payments you were previously always able to meet. Obtaining a bridging loan from Green Door Bridging Loans will relieve you of the stress caused by worrying about bills piling up while you wait for your funds to be paid out.
Annuity
Payment of your annual annuity income rarely coincides with the timing of an expense cropping up, making it necessary to access these funds before your annual payout is due. Obtaining a bridging loan from Green Door Bridging Loans will give you early access to your funds, relieve your stress and enable you to cover that expense when you need to.
Dismissed
The consequences of a sudden dismissal can have dire financial consequences, especially in these difficult economic times when financial savings are near impossible to accumulate. In addition, it could take 6 months or longer for you to receive a settlement from your fund. Obtaining a bridging loan from Green Door Bridging Loans will relieve you of the stress caused by worrying about bills piling up while you wait for your funds.