|Gane Capital is a young dynamic organisation that provides non-traditional financial solutions to the market, for traditional financial needs.
Our primary focus is on offering Specialised Finance, which involves the provision of various forms of short term bridging finance, for both businesses and individuals, which is not typically provided by the major banks and financial institutions.
The products we provide are typically outside of traditional financial offerings; however we operate to the highest level of integrity, ethics and corporate governance.
Gane Capital was established in April 2009 and has as its majority shareholder and primary funder the Attwood Group.
The Attwood Group established over 40 years ago, is primarily involved in property investment and development, asset management and the hospitality industry.
On the 1st of May 2011 Gane Capital acquired the business of COD a property bridging finance company headquartered in Durban, but operating nationally throughout SA. The acquisition brought a very experienced team of bridging finance professionals to Gane Capital, to help grow and expand its bridging capabilities. All property bridging finance and short term secured lending within Gane Capital is done through COD.
Our core strength lies in our Specialised Finance division where we offer various forms of short term bridging finance.
The primary focus is on the offering of various property related bridging finance products through COD our property bridging finance division
In addition we also offer the following non-property related bridging finance products:-
Foreign Exchange Margin Funding
In conjunction with our foreign exchange partners ForexPeople, we provide funding for margins that are required to be placed with banks in terms of Forward Exchange Rate contracts.
Selective Invoice Discounting
This finance allows a business to draw money against its sales invoices before the customer has actually paid. To do this, the business discounts a percentage of the value of selected invoices to Gane Capital, effectively using the unpaid sales invoices as collateral for the borrowing. The benefits of such a facility are:
- By receiving cash as soon as a sales invoice is raised, the business will find that its cash flow and working capital position is improved.
- The business will only pay fees on the funds that it has received for the period of time taken by the customer to settle the invoice – there are no hidden costs or fees.