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Auction Finance

auction finance

We offer an extensive range of services geared toward the auction industry in South Africa.  We recognise that you select your auctioneer of choice on criteria such as value for money, availability, levels of professionalism and service and these criteria are applicable to financing institutions and their products too. 

That is why we represent several institutions that allow us to have them bid for your business on their behalf.  What this means is that you always get the best deal.

We walk the extra mile to assure you of a smooth transaction, while offering you a unique, customised and comprehensive auction finance service and related products.  You can get on with your daily business while we cover the rest.  Let us effectively manage the process through confirming goods releases and payments and providing letters of credit up-front.  We only forge partnerships with the recognised financial services providers that allow us to offer tailored solutions to the auction market.

Of course, our main service is to submit to a panel of financiers all the finance applications from prospective bidders and from buyers for their approval.  The result would usually be to obtain pre-approval for a specific bidder to obtain credit finance after the conclusion of a sale to the said bidder or to obtain pre-approval for a fixed amount.  That is why our auction products are all carefully tuned to cater for the requirements of assets bought at auctions.  Irrespective of whether these are equipment, cars or commercial vehicles, we strive to offer fully competitive finance originations, insurance and related products.

These related products include the following: