You qualify for one of the scenarios mentioned below. If you are looking for a bridging loan while waiting on a lump sum payout, we can help you.
Make sure you have applied for the payout. We can only approve a loan once a proper application for the payout has been provided and processed.
A monthly pension payment gives you a fixed amount every month over your whole life, so you don’t have to worry about changes in the stock market. In contrast, a lump-sum payout can give you the flexibility of choosing where to invest or save your money, and when and how much to withdraw.
If you have lost your job and you are currently waiting on a lump sum payout we can assist you with a loan so that you may have better access and more control over your finances.
Resigning from your work may be a difficult event, particularly if you are waiting for a pension or provident fund payment. The issue is that you may not get your payment for several months. We’ll let you in on a little secret: quitting your job doesn’t have to be a difficult experience if you work with Penbridge. How so? By providing reasonable bridging loans to South Africans, Penbridge hopes to help you with your financial burdens. Make sure to apply for your payout so we can provide you with your required loan as soon as possible.
After a divorce, a lot of things change, especially your finances. Divorce might alter the way you handle your finances and put a burden on the lifestyle to which you have adjusted to. A bridging loan from Penbridge might help relieve the stress by making part of your money available right away. While you wait for your settlement, Penbridge offers bridging loans to help you manage your everyday expenditures and pay off a few of your back payments. Why battle when there is a simple answer available?
