The Sasfin Specialised Lending team provided growth capital through a multi-drawdown senior debt facility, to an alternative lender in the bridging finance sector.
The company specialises in funding Road Accident Fund claims and has grown significantly over the past two years.
Sasfin now forms part of a multi-layered, multi-funded capital structure and has provided a bespoke facility that both met Sasfin’s required yield whilst simultaneously reducing the company’s overall cost of capital.
Consequently, Sasfin is well positioned to support the company’s growth aspiration of becoming the leading player in the bridging finance sector in South Africa.
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