Sasfin

Sasfin is a company that oversees a bank and has three primary areas of focus: asset finance, banking, and wealth.

They have a significant presence in South Africa and regional offices located throughout the country. Their aim is to help their customers achieve financial growth in their personal and business lives by providing personalised services, using digital platforms, and being agile in their approach to business.

They distinguish themselves from other companies by these attributes, which give them a competitive advantage. Sasfin is a B-BBEE 1 contributor, and they’re dedicated to promoting job creation and sustainable socio-economic development. They do this by supporting entrepreneurs and investors in expanding their businesses and global wealth.

Sasfin's core values: excellence and community upliftment

Sasfin is guided by a set of values, including greatness, respect, partnership, and integrity. Their drive is fueled by the aspirations of their employees, clients, and partners to discover new opportunities and contribute to a thriving economy.

Sasfin places great importance on treating their clients, colleagues, and communities with respect, and they actively pursue partnerships that improve their offerings and provide advantageous products and solutions to their clients. They conduct business with unwavering honesty and moral principles and recognise the significance of uplifting the communities they operate within.

Sasfin: From textiles to comprehensive financial services

Sasfin has a rich history that dates back to 1951 when they were a textile trading business. In the 1960s, they shifted their focus to finance and became a publicly listed company on the JSE as a trade and equipment financier in 1987.

Over time, Sasfin expanded its services through both strategic acquisitions and organic growth. They obtained a banking license in 1999, which enabled them to provide a broader range of financial services. The acquisition of Frankel Pollak Securities in 2000 was a significant step in establishing Sasfin Wealth. Today, Sasfin comprises Sasfin Bank, Sasfin Wealth, and Sasfin Capital, and offers a comprehensive range of financial products and services to entrepreneurs and investors.

Sasfin: Achieving milestones and leading the financial industry

Over the years, Sasfin has achieved significant milestones. They’ve been recognised with awards for their asset management services and have formed collaborations with prominent companies in the industry.

In 2018, they launched a digital banking platform called B//YOND and received consecutive accolades as the Best Corporate Bank. Sasfin's commitment to transformation is evident through their BEE transaction with WIPHOLD.

Guided by a seasoned board of directors and an executive committee led by Group CEO Michael Sassoon and Independent non-Executive Chair Deon de Kock, Sasfin is well-equipped to steer the company's operations and strategic direction.

Sasfin acknowledges the difficulties clients face in obtaining funding for property development or investment. Traditional financiers often demand significant equity and impose complex conditions before releasing funds.

To address this issue, Sasfin offers a unique solution that combines senior debt and a portion of the required equity, streamlining the fundraising process. They also offer more flexibility regarding pre-sales or pre-lets, enabling clients to expedite their projects with less equity than usual.

Sasfin's goal is to provide a seamless experience, continuously improving its credit process, legal implementation, and fund disbursement to ensure prompt financing for projects.

Sasfin Commercial Property Finance offers a convenient and flexible solution for individuals seeking funding for property development or investment. The company distinguishes itself from traditional financiers by providing both senior debt and a portion of equity required for the project, which streamlines the funding process.

In addition, their approach is more flexible when it comes to pre-disbursement conditions related to pre-sales or pre-lets, allowing for quicker implementation of projects with less equity. Sasfin recognises the importance of timely funding in the property industry and is committed to improving its credit process, legal implementation, and payouts to avoid any delays.

Sasfin commercial property finance: tailored funding for diverse sectors

Sasfin operates in various property sectors, including residential, retail, industrial, office, retirement, student accommodation, and specialised properties like healthcare facilities and filling stations.

They collaborate with the Social Housing Regulatory Authority (SHRA) to provide funding for social housing initiatives. You can easily reach out to Sasfin to discuss your specific business needs and receive customised assistance from their knowledgeable staff.

Sasfin: Comprehensive financial solutions and insights for business growth

In addition to commercial property finance, Sasfin offers other related products such as private equity, where they invest in clients' businesses and share both the risks and returns, and debtor finance, which involves advancing funds by discounting invoices before their due dates.

Sasfin is dedicated to offering valuable insights to you through their published articles and content, covering topics like cash flow optimisation and goal setting for success.

By prioritising innovation and customer satisfaction, Sasfinaims to simplify the funding process, deliver tailored solutions, and support clients in achieving their property ventures.