Liquidity today, against what you're already owed
Short-term advances against settlements, sale proceeds and receivables that are certain but slow to arrive. Durbanville and across the Western Cape.
Finance built around the wait
Whether you are waiting on a settlement, a property transfer, an invoice or an estate, we can bridge the gap.
Fairbank Financial Services is a Durbanville-based finance company. We advance a portion of money you are already owed, under a single discounting agreement, and you repay it when the payout arrives.
We assess the receivable, not your credit record: whether the money is coming, from whom, and when. That keeps the paperwork short and the outcome predictable.
One agreement · Daily interest · No early-settlement penaltyYou pay only for the days the money is with you, and the repurchase price is agreed before you sign.
Litigation and Road Accident Fund claims can take months to pay out after they are settled or awarded. We advance a portion of the settlement now, so the wait is on us and not on you.
Enquire nowHow it works
Tell us what you're owed
Send the documents behind the payout: the settlement or court order, the signed sale agreement, the invoice or the executor's letter. We assess the certainty and timing of the payment.
Agree the terms
We advance a capital amount under a discounting agreement that sets out the rate, how it accrues and how the repurchase price is calculated. Nothing is left to interpretation.
Repay when it lands
When the settlement, transfer or payment is received, the repurchase price is settled from those proceeds and you receive a statement showing every day's accrual.
The words on your agreement
Every Fairbank agreement uses the same four defined terms. Understand these and you understand the whole arrangement.
- Capital amount
- The sum we advance to you when the agreement is signed.
- Annual rate
- The agreed nominal annual rate, divided into a monthly rate and applied daily to the running balance.
- Days elapsed
- The days between the advance and repayment. You pay only for the days the money was with you.
- Repurchase price
- The capital plus interest accrued over the days elapsed — the single figure that settles the agreement in full.
Why choose us
Daily, not monthly
Interest accrues day by day. Settle early and you pay less, with no minimum term.
Assessed on the receivable
Your credit score is not the question. Whether the money is coming, from whom and when, is. That is why we can say yes where a bank says wait.
One document
A single discounting agreement, and a statement that reconciles to it exactly.
Before you ask
How much can I get?
That depends on the size and certainty of the receivable. We advance a portion of what you are owed, not the full amount, so the repurchase price is comfortably covered when the money arrives.
How quickly is the money paid out?
Once we have the supporting documents and the signed agreement, payment is usually made within a few working days.
What if the payout is delayed?
Interest continues to accrue daily until the repurchase price is settled, exactly as set out in your agreement. There is no separate penalty for a delay outside your control.
Do I need to change my attorney or agent?
No. We work with you regardless of who your attorney, agent or accountant is. Where your attorney holds the proceeds, we arrange settlement of the repurchase price from those funds.
Is my information kept confidential?
Yes. Your documents are used only to assess and administer your agreement, and are handled in line with the Protection of Personal Information Act.
Tell us what you are owed
Complete the form and it comes straight to us. We reply to every enquiry, and an initial indication costs nothing. If you would rather email, write to info@fairbankfinance.co.za.