September 9, 2016

Referral Program

GRANITE FINANCE REFERRAL PROGRAM

1. Background

Granite Finance provides bridging finance to property sellers and recognizes that the best way to source good business is through professionals with close contact to property sellers. These professionals understand both their clients’ needs, and the bridging product. As such, Granite has designed the Granite Referral Program for conveyancers, estate agents and other property market specialists in order to reward them for their efforts in identifying potential bridging deals.

2. Details

Qualifying deals: Sellers Advances approved at the non-discounted deal rate.

Amount paid by Granite: A pre-agreed percentage of the deal rate.

Timing of payment: Within 5 working days of deal settlement.

Qualifying participants: Any legal or property market professional, either at the firm or individual level, subject to clearance by Granite Finance.

3. Documentation

Granite will provide a set of Standard Terms & Conditions to be signed by both the referring agent and Granite.

4. Bridging for Estate Agents

Granite also bridges Estate Agents’ and Estate Agencies’ commissions at the rate of 0.075% per day, or R0.75c per R1 000 per day. This rate is very competitive, and while we appreciate all referrals, we cannot pay referral commission for deals with estate agents.

5. How to Apply

Please email us on info@granitefinance.co.za or call us on 021 438 0144.