ALTERNATIVE Asset Finance
Abacus Funding Solutions supports clients by offering (together with partners) flexible and innovative asset financing solutions to South African businesses.
Abacus Financial Solutions lends against alternative assets which banks historically would not consider.
We at Abacus Funding Solutions understand the importance of being able to enhance cashflow or fund assets and we tailor our finance solutions to suit your unique requirements.
High-level funding terms
- Financing term: 1 – 60 months
- Funding amounts:R0.5m – R50m
- Jurisdiction: South Africa
- Security: Assets
High-level funding terms:
Financing terms: 6 – 12 months.
Funding amounts:
- Individuals and trusts: R45 000 to R1 125 000
- Corporates: up to R2 250 000
Security: The Section 12J “VCC Shares” (as defined in the ITA)
Interest: Prime plus 1% – 5%
NEW
Section 12J Investments
Abacus Funding Solutions has recently taken to market a funding solution for South African taxpayers looking to invest in Section 12J investments. Abacus Funding Solutions may fund a Section 12J investor in one of the following ways:
- Up to 45% of the investor’s total investment into a Section 12J Company. For example, if an investor invests R1 000 000 into a Section 12J Company, Abacus Funding Solutions may lend up to R450 000 of the R1 000 000 investment.
- Enhance an investor’s investment into a Section 12J Company by up to 80%. For example, if an investor invests R1 000 000 into a Section 12J Company, Abacus Funding Solutions may lend the investor up to R800 000, which will allow the investor to increase its investment into the Section 12J Company to R1 800 000 thereby increasing the tax benefit.
These options provide Section 12J investors with a funding solution to maximise their Section 12J tax incentives even if they have insufficient liquidity at the time of investment.
NEW
Section 12J Investments
Abacus Funding Solutions has recently taken to market a funding solution for South African taxpayers looking to invest in Section 12J investments. Abacus Funding Solutions may fund a Section 12J investor in one of the following ways:
- Up to 45% of the investor’s total investment into a Section 12J Company. For example, if an investor invests R1 000 000 into a Section 12J Company, Abacus Funding Solutions may lend up to R450 000 of the R1 000 000 investment.
- Enhance an investor’s investment into a Section 12J Company by up to 80%. For example, if an investor invests R1 000 000 into a Section 12J Company, Abacus Funding Solutions may lend the investor up to R800 000, which will allow the investor to increase its investment into the Section 12J Company to R1 800 000 thereby increasing the tax benefit.
These options provide Section 12J investors with a funding solution to maximise their Section 12J tax incentives even if they have insufficient liquidity at the time of investment.
High-level funding terms:
Financing terms: 6 – 12 months.
Funding amounts:
- Individuals and trusts: R45 000 to R1 125 000
- Corporates: up to R2 250 000
Security: The Section 12J “VCC Shares” (as defined in the ITA)
Interest: Prime plus 1% – 5%