If you’re waiting on rental payments but short on cash, lease funding may be for you.

Cape Town based business financing company, Geddes Capital, has expanded their services to include lease funding. This service will enable South African landlords and property owners to access future rental payments to seize current opportunities with more cash on hand.

“Lease funding is a simple and fast way to get a lump sum of money from your rental income that can be used to expand your property portfolio or capitalise on a business opportunity. In short, you get an advance on your future rental payments, and we collect the rent directly from your tenant, on your behalf. Lease Funding is our latest innovative offer that will give businesses access to future cash, today,” explains Brent Geddes, CEO & Co-Founder of Geddes Capital

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4 Benefits of Lease Funding

  1. Frees up your capital. It‘s an easy way to obtain rental income in advance.
  2. Ensures you don’t miss out. The perfect property or investment opportunity won’t wait around.
  3. Saves you time and labour. The Geddes team does all the following up and chasing of rental payments (bad debts aside) so you can focus on growing your property portfolio or business.
  4. Gives you immediate cash for repairs and maintenance to your property.

After a once-off initiation fee, the cost of lease funding varies depending on the total rental due, as well as the period over which it is due. The team at Geddes will work with you to come up with a price that works best for your business.

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