Marven Finance

Marven Finance was established in 1996 and has been helping individuals around the country with various types of bridging loans that relate to the sale and transfer of properties.

Typically, buyers, sellers, and estate agents are known to use them for their financing requirements. They're also proud to be a part of the Bridging Finance Association of South Africa.

They're dedicated to you

When you apply for a loan through Marven Finance, you'll get to experience a team of professional staff that dedicate their time to providing you with reliable and fast loans. Loans that are approved in some instances within as little as 10 minutes.

Choose your business finance through bridging

Bridging finance is fantastic when you're able to afford to pay it back before it becomes too costly. This method of finance is typical to put down as a deposit on a new property or alternatively, to settle outstanding municipal debts.

It also provides financial aid to businesses. If you’re starting up a new business or need to develop an existing one then look no further for your financial help. Should you require an instant loan and need it for your business in terms of growth and development, then Marven Finance is the key.

It’s a certain type of short-term loan that allows for repayment over a term of 2 weeks up to 3 years in some cases, depending on what’s agreed upon at the point of approval.

It's also commonly known as a swing loan, and in South Africa more affectionately known as straight-up bridging finance.

What exactly is a bridge loan

This particular type of loan provides financing for an individual or business. A bridge loan will offer interim financing for an individual or business until such time that permanent financing is obtained in the form of a property loan. The funds from the newer finance agreement will serve as repayment for the bridge loan.

The bridging finance route requirements

• A valid South African ID book
• Proof of residence in the form of a utility bill that is not older than 3 months old
• Proof of income and employment from your current employer
• Three months’ bank statements - certified
• Any documentation that might relate to current bonds, perhaps a valuation certificate as well as the signed offer to purchase a property

Proof that the conditions of the sale on the property have been complied with – i.e. the buyer’s financial record must be clean and in order and all documents that should be signed must be signed by both the owner and buyer. The online loan application can be completed quickly in the comfort of your own home.