Claim against your pension fund today with Bridging Finance.
As a working South African, we are exposed to so many versions of financial strain and often rely on the help of lending firms or banks in order to make it through tough times. One of the realities that we face is the possibility of retrenchment or being dismissed. Or being forced to resign, or go on retirement earlier than expected.
Most South Africans are not prepared for this reality – let alone financially prepared in such an event. When you find yourself in the unfortunate position of being retrenched and you don’t know what to do, Alt Bridge can be your financial partner when you need it most. There is no need to stress or to go running to the bank for a loan.
Maintain your lifestyle with Bridging Loans.
South Africa is experiencing a tough economic climate and many citizens are finding it very difficult to make ends meet. This situation can be made so much worse if you are retrenched or lose your job unexpectedly.
Most people are offered a small sense of relief when this happens in the form of their pension payout. Unfortunately, it takes a very long time for this settlement amount to be paid out and while you wait you may experience financial hardship and not be able to make ends meet.
If your salary was the only income that your family received and you were the primary provider you may find yourself behind on your bills and wonder how you can survive financially.
Money problems, expenses and how bridging loans can assist.
At Alt Bridge, we have over 60 years of experience in the financial field and we use the knowledge that we have gained over these years to bring you expert advice and low-cost bridging loans that will get cash into your account very quickly.
We are your customized fluid financial solution to help you bridge the gap between the time that you put in your claim and the time that your claim is paid out.
There are many different types of bridging loans available we provide bridging loans to clients that are waiting for a payout of between R100 000 and R3 000 000. This payout could be from your pension fund, a settlement from your retirement annuity.
Pension payouts, how they work and who qualifies.
In South Africa, as you work you will have an amount deducted from your salary on a monthly basis. This money is then transferred into your respective pension fund. Your company will also pay a portion of this fund each month.
If you are retrenched, you retire or if you are dismissed this fund is there to provide benefits to its members in the form of a cash payout when you leave the company.
There is a big difference between a pension fund and a provident fund. The main difference is that when you retire your pension fund will pay out one-third of the entire fund amount in one large lump sum. While the rest of the money is paid out in the form of your pension over the rest of your life.
Resigned, dismissed or retrenched. Bridging loans against pension
If you have been retrenched or dismissed recently and you are waiting for a payout, Alt Bridge Capital can help you get the cash you need in your pocket faster. We have over 60 years of combined experience in the financial and property market, as a result – we have become leaders in the industry.
Our company has quickly become a household name in bridging loan finance because we use our knowledge and experience to bring you bridging loans. Log onto our website and complete the online application form, we have simplified the application process so that you can get an outcome quickly.
If you are waiting for a payout of between R100 000 and R3 000 000 we will be able to grant you a loan of a percentage of the total you are expecting.