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Bridging Finance Against a Policy Payout

Bridging Finance Against a Policy Payout


Are you waiting for a provident fund or policy payout? If you have retired, divorced, been retrenched or dismissed, and you're in a financial bind, Marlin Credit Services can help you get money well before you benefit pays out, with a convenient bridging loan.

Bridging finance allows you to access an advance against the moneys due to you from pension funds, policies, investments, death claims, provident funds and retirement annuities - to name a few - when you need cash fast. Major life changes often involve unexpected financial commitments, and sometimes you just don't have the time to wait. That's why Marlin Credit Services provides a safety net to help you through those trying times.
 

Bridging Loans on Policies or Investments


If your investment, endowment policy, provident fund, retirement annuity or pension policy with a reputable financial institution is due to mature in the next few months, Marlin Credit Services can provide a bridging loan against a portion of the funds.
 

Death Claims - Pension or Provident Fund Payout


Are you in urgent need of cash? We can help you get an advance bridging loan on a portion of the lump sum due from your late spouse's provident or pension fund.

Provident Fund Bridging Finance

Were you retrenched or dismissed? Did you resign from your job? Let Marlin Credit Services help you obtain a provident fund bridging loan on the funds due to you from your provident fund.

Bridging Finance on Your Retirement Annuity

Let us help you get your money with a retirement annuity bridging loan.

Short term unsecured bridging amounts of up to 10% of the total of value due to you are available, up to a maximum of R32 000. Fees start from as little as 5% per month, excluding initiation and admin fees and may change without notice. Your Marlin Credit Services consultant will be able to confirm the fees when your application is processed.

Please have the following documents available when submitting your application:

Pension / Provident fund -

  • Completed application forms (the documents will be sent to you on receipt of your enquiry)
  • Your ID
  • 2 month current bank statement
  • Last pay-slip
  • Pension / Provident Fund benefit statement
  • Letter from employer confirming and accepting severance package / medical disability (where applicable)
  • Letter of appointment with new company (where applicable)
  • Divorce settlement (where applicable – i.e. if you are wanting to bridge a pension payout which is part of a divorce settlement)

Retirement Annuities / Policies / Investments -

  • Completed application forms (the documents will be sent to you on receipt of your enquiry)
  • Your ID
  • 2 month current bank statement
  • Proof of policy/investment from the Insurance company
  • Proof of maturity date of policy/investment

Death claims -

  • Completed application forms (the documents will be sent to you on receipt of your enquiry)
  • Your ID
  • 2 month current bank statement
  • Beneficiary statement stating amount and distribution of monies
  • Death certificate
  • Divorce settlement where applicable
  • Benefit statement from the fund of the deceased
  • Latest pay slip of deceased if possible


Get in touch with Marlin Credit Services today to apply for bridging finance.

 

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