Rating based on 6 reviews

Geddes Capital

Updated
  • Bridging Finance up to R100,000,000
  • No penalties for early settlement
  • Repayment up to 3 years
Geddes Capital homepage
Author Geddes Capital. Screenshot of Geddes Capital website.
[Accessed July 25, 2023]

About Geddes Capital

Geddes Capital, an authorized financial services provider based in Cape Town, is dedicated to helping businesses seize opportunities and secure a prosperous future.

Leveraging their collective expertise, Geddes Capital strives to deliver market-leading services that support the success of your business. As a business owner, starting a company can be a challenging decision, and partnering with a financial services provider that sets high standards can be the key to achieving your goals.

How Geddes Capital sets the bar for customer service excellence

At Geddes Capital, maintaining exceptional customer service is paramount. They hold themselves to the highest standards and are committed to assisting business owners in overcoming any obstacles they may encounter.

Their team is carefully selected to ensure that you receive friendly, expert advice and transparent, prompt responses to your application. They are dedicated to providing a seamless and supportive experience throughout the process.

Transparency and responsible lending

When it comes to taking out finance, understanding the repayment expectations is crucial. Geddes Capital recognises the importance of responsible lending and ensures that you are fully informed about any charges and interest costs associated with your credit contract. By providing upfront knowledge of what is expected, they help you make informed financial decisions. Geddes Capital aims to eliminate surprise charges and fees, allowing you to plan and manage your finances effectively.

A team dedicated to your success

What sets Geddes Capital apart is its exceptional team of professionals with diverse backgrounds in commercial and financial sectors. This breadth of expertise allows them to tailor their services to your specific needs. The Geddes team uses their acquired skills and a shared commitment to help you achieve your objectives. With their unwavering support, you can navigate the financial landscape with confidence.

Trust and credibility: How Geddes Capital sets the standard for professionalism and efficiency

Before engaging with any company, it is essential to gauge its reputation and credibility. Geddes Capital has garnered excellent reviews, a testament not only to their professionalism and efficiency but also to their welcoming and helpful approach. These positive reviews reflect the satisfaction of their clients and their unwavering dedication to delivering outstanding service.

Continued commitment and future growth

As Geddes Capital continues to empower businesses, they remain dedicated to staying at the forefront of the financial services industry. By continually raising the bar and providing innovative solutions, they ensure that their clients have access to the support and resources they need to thrive. With Geddes Capital, you can expect a trusted partner that is committed to your success and passionate about helping you secure a prosperous future for your business.

Geddes Capital Services

Geddes Capital offers a number of services including:

  • Business loans
  • Bridging finance
  • Inventory finance
  • Invoice discounting
  • Lease financeTrade finance

Each of these services is a credit-based service to help you create a successful and sustainable business.

Depending on your specific needs you’ll find a credit solution to match. The friendly team at Geddes will be able to help you determine the best solution for you. Below is more information on bridging loans for business, what they are and what they are used for.

What is a bridging loan?

A bridging loan is a way to get capital into your business quickly for a piece of equipment or a company vehicle. This type of loan is most often used to purchase equipment or vehicles. Bridging finance is a short-term finance solution that typically has to be repaid in a time frame of 3 months to three years, depending on your contract, and is secured with assets.

Not only does Geddes Capital limit the hidden cost of finance, but they also promise to take days and not weeks or months to approve your loan and deposit the funds. So when you need the money to take advantage of an opportunity there is no long delay.

Why choose Bridging Finance?

It's easier to qualify for bridging finance than some more traditional finance options. Of course, there are criteria that you have to meet to qualify, but the criteria for a bridging loan are not as strict as some other financing options.

Another reason to choose bridging finance is the delivery time. Sometimes it can take months to get a loan from a bank, but you do not have the months to wait, you need the cash in your business urgently. Bridging loans are a perfect solution.

Geddes Capital – Bridging Finance

  • Loan Type Bridging Finance
  • Loan Amount up to R100,000,000
  • Repayment 3 months to 3 years

Benefits of Geddes Capital

  • Quick capital injection into your business.
  • Short-term financing, typically 3 months to three years.
  • Asset-backed loans.
  • Fast approval and fund disbursement.
  • Easier qualification compared to traditional finance.
  • Loans range from R1 million to R100 million.
  • Flexible repayment terms with no early settlement penalty.
  • Experienced team with over 100 years of collective experience.

Geddes Capital makes your business's success their priority

To apply for finance with Geddes you complete the contact us form, and they’ll contact you.

Geddes would rather speak to you and make sure you know all the options available, and to make sure they get the right credit option for business. From there you’ll get directions to complete an online form, the documents you will need to submit and any other guidance you might need.

What basic criteria must your business meet?

Before you fill in a contact form, make sure you meet the minimum criteria for a loan with Geddes Capital.

  • Your business needs to be established for one year. They do not fund start-up companies.
  • The minimum annual turnover by your company has to be R2 million or more. Annual turnover is the total amount of sales for the year, whether it is sales of services or of goods.
  • You have to have a registered business.

What amount can a business apply for?

Geddes Capital has finance solutions options ranging from R1 million to R100 million. Geddes prefers shorter-term loans, having long-term debt is stressful for you. Geddes loans can be paid back in as little as three months, though their repayment terms are flexible. The experts that guide you will explain the repayments, interest rates and initiation fee to you before you agree and sign.

What documents are required?

There are a few documents you need to upload with your application:

  1. Registration certificate of your company
  2. Vat registration, if you are registered, and a statement of account from SARS if you are not registered.
  3. The ID document of each of the directors or members
  4. Management accounts for 12 months
  5. A set of audited financials.

This list is only the basic supporting documentation you need, the consultant that contacts you will be able to let you know what other documents, if any you’ll need to upload.

Geddes is in business to help other businesses. That’s why if you are in a position to settle your loan before your term is up, there is no penalty for early settlement. Geddes Capital wants to see your business succeed which is why their repayment terms are flexible.

The Geddes team’s collective experience is more than 100 years, they’re ready to use it to assist you.

man holding thumbs up

Geddes Capital is a trusted & reliable provider of bridging finance

In our review, Geddes Capital adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Geddes Capital is a registered credit provider in South Africa: FSP49249

Geddes Capital Contact

Physical Address

  • Unit 603 Grove Exchange 9 Grove Avenue Claremont Cape Town Western Cape 7708 South Africa
  • Get Directions

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:00 – 17:00
  • Wednesday 09:00 – 17:00
  • Thursday 09:00 – 17:00
  • Friday 09:00 – 15:00
  • Saturday – Closed
  • Sunday – Closed