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New Heights Finance

Updated February 24, 2022

Personal loans up to R150,000
Low-interest starting from 25%
Repayment up to 60 months

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Author New Heights Finance. Screenshot of New Heights Finance website.
[Accessed May 13, 2018]

New Heights Finance Solutions - Personal loans

New Heights Finance Solutions is a bridging finance service for personal or business loans.

New Height Finance services cover unsecured business loans, personal loans, pension bridging, provident fund bridging, home sellers bridging, property equity release, purchase order advances as well as many others.

Personal loans

A personal loan from New Heights Finance gives you the opportunity to apply for a loan ranging from R4,000 up to R150,000.

Loan conditions for approval

You must not have any credit issues and your credit record should be 100% clear
You cannot be listed on the credit bureau listings
You need to consent to a credit check
You may not be above the age of 65
You must earn at least R3, 000 per month and be permanently employed
If you are self-employed – you will need to provide an employment record/ bank statement and pay advice.
You must agree to receive marketing material, but may opt-out at a later stage
Your loan repayments must be paid by EFT into the same account as your salary is paid into

Information needed to process your application

Once you are sure you meet all the necessary criteria, it is as easy as filling in the online loan application form. Once this has been completed, a personal loan consultant will contact you.

They will need your name, surname, ID number, cell phone number, and a working e-mail address. You will need to consent to a credit check by accepting the terms and conditions.

Unique approach to getting finance now

Unsecured business loans are perfect for SME, SMME funding, company funding, or small businesses. Your business must have been operational for at least 6 months and have sales of R1 million in the last 12 months.

Business loans range from R50,000 to as much as R1,5 million. These loans are unsecured. There is a three-day approval process and they aim to have the funds available to you as quickly as possible.

Property bridging

New Finance Heights’ property bridging loans cover a wide variety of options including seller proceeds bridging, estate agents commission bridging, loans against your property, rates, and tax advances, transfer duties advance, further bond bridging, and switch bond bridging.

Sell and receive

Once you have sold an asset, such as your house, the money can sometimes take a while before you are able to access it. In this type of loan, you get the money immediately so you don’t need to wait.

New Height Finance will be able to lend you up to 80% of the proceeds of the sale and aim to have the money available to you within 24 hours after the sale of the asset has been completed. They will be able to give you the cash you need now until the funds from selling your house are available in your bank account. Terms and conditions apply.

Loose asset bridging

When you are in need of a quick online loan you can use one of your loose assets to secure your loan. These assets refer to assets that can be sold, non-property assets, for example, jewelry, excess stock, cars, trucks, bikes, tools, and machinery. These must have the value of at least R 75 000 up to R 50 million.

New Heights Finance – Personal loan

Loan Type Personal loans
Interest Rate 25 – 28% p/a
Loan Amount up to R150,000
Repayment 6 months to 60 months

Benefits of New Heights Finance

Bridging finance for individuals and businesses
Property bridging finance
Loans for blacklisted clients

Personal loan calculator

New Heights Finance - We bridge the finance gap

These personal loans are referred to as asset back lending or asset-backed loans and can be approved within a few days.

Your asset will be converted to cash value. Your assets will the property of the lender until your loan amount has been repaid in full. The lender will store the asset in a secure location and charge a 10% per month fee as well as an initial initiation fee. If you have retired, been retrenched, or been dismissed and you are in need of money quickly, you can borrow a portion of your pension or provident fund settlement, while you wait for it to be paid into your account.

Pension bridging

Get the cash you need while you wait for your payment. Some of the requirements include proof that you are getting a pension or provident fund settlement from a reputable company and that the policy will be maturing within at least 4 months.

Death claims

Sometimes death claims can take a while to pay out, this becomes problematic when you are in need of cash to pay the funeral expenses. If you have been approved and are awaiting a payout for your spouse’s provident or pension fund, they will be able to advance you a portion of that amount in the form of a personal loan.

Retirement annuities

Contact New Heights Finance to find out how they will be able to help you secure a pension bridging loan against your retirement annuities.

Road accident fund cash advance

If you have been involved in a road accident and your claim has been approved, there is no need to wait for your claim to be paid out. New Bridge Finance can offer you a bridging finance quick loan against your RAF claim and the money will be available to you within a few days, subject to approval.

No credit checks

For this type of bridging loan a credit check is not required, there are no upfront costs, no hidden costs, and no risk. Even blacklisted clients will not be turned away. This process is quick, easy, and safe.

There is no risk or obligation to apply. You will only be charged a small fee in order for them to advance the bad credit loan to you. This will only need to be paid once your claim has been paid out.

You can easily apply for a loan online and a quote will be sent to you. If you agree and sign the quote and you have approval from your attorney, the cash will be deposited into your account. You will be able to get up to 50% of the claim amount and only pay the fee, once you have been paid.

To contact New Heights Finance simply contact them by email in order for them to track your inquiry and provide you with feedback as quickly as possible.