Frequently Asked Questions
If you’re waiting for funds to be paid to you in the future, we pay you a cash advance on it in the meantime. For example, you’re an estate agent who sold a property and you’re waiting for the commission due to you when the property transfer registers in the Deeds Office. Or you’re a seller who sold your property, the purchaser has already provided proof of financing in the form of an approved bond or guarantees, and you’re waiting for the purchase price (minus costs) to be paid to you when the property transfer is registered in the Deeds Office. Or you’re a purchaser who made an offer on a property, the bank has approved your bond or you’ve sold another property of yours to finance this latest purchase and you’re waiting for the funds of that other property to become available.
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