This new financial service enables landlords to collect future rental payments in advance as a lump sum, so they have cash available to grow their portfolio or do maintenance on current properties. After paying the landlord, Geddes Capital takes over the collection of rental payments from tenants – saving the landlord time and labour.
You can turn your lease into cash with Geddes Capital.
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.
If you’re waiting on rental payments but short on cash, lease funding may be for you.
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.
This makes your job as a landlord easier and gives you instant access to cash.
‘Our mission at Geddes Capital is to help South African property investors to access the cash they need to build the future they deserve. Lease Funding is our latest innovative offer that will give businesses access to future cash, today.’ –Brent Geddes, CEO & Co-Founder of Geddes Capital
Four Benefits of Lease Funding
- Frees up your capital: It‘s an easy way to obtain rental income in advance.
- Ensures you don’t miss out: The perfect property or investment opportunity won’t wait around. That’s why this service is offered – so you can embrace current opportunities that will lead to a more prosperous future.
- 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.
- 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 works with you to come up with a price that works best for your business.
Contact Geddes Capital at apply@leasefunder.co.za to apply for lease funding today.
Who is Geddes Capital?
Geddes Capital is a Cape Town based business financing company. They have several services that allow South African SMEs fast access to cash including business loans, trade finance, and invoice discounting. The most recent service they’ve added to their website is lease funding.
Traditional banks and funders are obsessed with past performance. Geddes believes that every business has future potential.
Their approach to funding is creative and future-focussed. They consider each application in its own right, taking into account the company’s growth trajectory. As a result, they enable more businesses to make the most of present opportunities and move forward toward the future they deserve.
The team has worked on four continents including 10 African countries. With over 100 years of combined industry experience, the team knows what it takes to support you in reaching your goals.
Geddes Capital: Overview | LinkedIn
Contact Geddes Capital at tel: +27 21 300 0211; or email getfunded@geddescapital.co.za with enquiries.
