STRATAFIN SPECIALISES IN CRAFTING CASH FLOW SOLUTIONS FOR BODY CORPORATES AND HOME OWNER ASSOCIATIONS THAT MAY FIND THEMSELVES IN AN UNPREDICTABLE FINANCIAL POSITION.
DEBT PURCHASE OPTION
We understand that within a changeable economy, you can experience capital speed bumps, which may have a lasting impact on the company’s stability as a whole. Through our Stratafin Debt Purchasing Agreement solution, we will effectively accumulate the following by purchasing it from the Body Corporate or Home Owners Association directly:
- Special Levies
- Water and electricity
- Legal charges
- Other dues
ADVANTAGES OF OUR CASH FLOW SOLUTION
- Increasing liquidity by accelerating cash flow
- Achieve certainty on reinsurance and insurance asset values
- Improving your balance sheet by discharging bad-debt provisions
- Refocusing on core business activities
- Allowing your business to stay ahead of the growing debt problem in the country
- Monthly expenditure
- Payment of utility accounts
- Capital improvements
At Stratafin we offer consulting services that allow you to weigh up all the necessary aspects when considering a debt purchase agreement. Our team has experience that collectively spans over 50 years and covers a range of fields such as law, finance and sectional title management. We are available to tailor our solutions to your needs and specifications.
WHAT WILL BE DONE BY THE CREDIT COMMITTEE IN IT’S ASSESSMENT OF THE OUTSTANDING DEBT?
- All the required documents will be thoroughly assessed.
- Desktop valuation of the unit.
- Assessment of the overall condition of the complex/ building.
- The owner may be contacted to further understand the reason for non-payment.
- All of this information will be critically analysed in accordance with the StrataFin model.