Finance Origination South Africa Assisting Credit Listed Business For Sale

Business description

Sole Trading Loan Origination Licenses available throughout South Africa assisting LSM 4 – 12 including poor and listed credit profiles accommodating commodity purchases through securing personal finance origination with SALO.

Background Information:
The banking sector in RSA assists poor credit and credit listed profiles clientele (not only limited to judgements). With two major Banks exceeding National footprint of 500 branches each, disbursing loan amounts up to ZAR 150 000.00 and ZAR 250 000.00 individually per approved client.

In total 18 Banks and financial houses assisting credit listed clientele with personal finance according to RSA National Credit Act.

SALO Offering:
• Company owned software;
• Commodity Finance for network entities within sole right area;
• Commodity Finance being seen as finance for clients of any entity selling product and/or delivering service;
• Licensee receive unique sole right area master login;
• Licensee can create unlimited real time network entity login’s for network entities (as mentioned in attached income forecast but not limited to) within allocated sole right area;
• IFO (Intelligent Finance Origination) Nationally within border of South Africa;
• IFO being seen as originating personal finance for individuals;

SALO undertakes to grant access to contracted financial institution partners and Service Provider, contracted to SALO. With other entities there are working procedures in place.

SALO self developed and self owned software offers capability to connect to any financial institution / financial house or other Service Provider real time to all clientele submitted, receiving online feedback. This feedback may also be viewed real time by Network entities within your allocated sole right area.

SALO software connects your client via GOOGLE mapping to the closest service providers.

SALO Licensees do not have to be NCR and/or FAIS registered

SALO Area Network Examples:

Law firm: Client received summons at home and rushed to Lawyer for legal advice. Lawyer informs client that the Law Firm can assist the client but only after deposit is paid. Client indicate that deposit can only be paid at month end and court date is within 10 days, neither party satisfied.

BUT with SALO software: On the way out the Law Firm receptionist can let the client complete the SALO application, scan supporting documentation and upload completed application for real time vetting and feedback from Banks (estimated time spend 7 minutes)

The above scenario can take place at any entity selling a product and/or providing a service with clientele not able to make payment.

See attached sole right area income forecast. Please note that this income is a standard case scenario derived from area with 25% of expected entities active submitting only 10% of expected applications per moth with a worst case scenario of 30% disbursed finance applications.

Africa Loan Origination in selected African countries from March 2012.

Western Cape:
Goodwood & Parrow - Sold
Bellville & Durbanville - Sold
Tableview & Parklands - Sold
Knysna, Sedgefield & Plettenberg Bay - Sold

Eastern Cape:
Port Elizabeth Central - Sold

Northern Cape:
Available

Orange Free State:
Welkom - Sold

Mpumalanga:
Region Sold

Kwa Zulu Natal:
Available

North West:
Available

Limpopo:
Available

Gauteng:
Bedfordview - Sold
PTA Central - Sold
Randburg - Sold
PTA North - Sold
JHB Central - Sold

NEW PRICE from 1st April 2012 ZAR 350 000.00

Property information

Location:

National RSA

Other information

Website:

Please click here to view the link

Related documents:

• 
• Income Forecast