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Contact Us Contact Ithala

Physical Address Physical Address
17 Isilo Drive, Umlazi
4066
Physical Address Postal Address
P.O. Box 2801
Durban
4000
Telephone Number Telephone Number
031 907 8911
Fax Number Fax Number
031 907 5685
Email Address Email us

 
 
 
 
Small Contractors and Property Developers


Objective

To provide bridging finance and performance guarantees (guarantees linked to bridging finance only) to small contractors in the building and allied trades based on a secured contract.

Term of loan

The term of the loan is dependent on the nature of the contract, normally not longer than 18 months.

Repayment period

As per approved cash flow of the contract.

Security

Cession over contract payments, personal sureties and any other available security.


 
 
 
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