Are you a Business Owner?
Set up your Private Seller Account and create your listing todayGet Started Here
Four year loan required. The amount of the loan and preferred draw down arrangement – is a minimum R500,000 up to R15 million, Interest rate 15% per annum, paid at the end of the first year, and then monthly for the rest of the term, making the interest rate much higher than 15%. This interest rate is applicable to South African residents only.
For Investors in the UK and USA, the interest rate will be 12% p.a. so that the exchange rate can be hedged, and the investors’ money will be protected from foreign exchange fluctuations, and interest will be paid at the end of the first year, and then monthly for the rest of the term, making the interest rate much higher than 15%.
Security for the loan, will be book debts, where the average bad debt ratio has been 3% for a number of years, the company will undertake to cover the first 5% loss on any bad debts, and the holding company, a public company, will guarantee the loan.
Contact us urgently whilst this amazing investment opportunity is still available.
If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.Sell Your Business