BC Funding Solutions (Pty) Ltd is part of the Sectional Title Solutions (Pty) Ltd group, which focuses on providing value-add solutions to Sectional Title Bodies Corporate and Homeowners Associations (“Community Schemes”) across South Africa. Solutions offered include Funding, Fibre-To-The-Home, Solar and Outdoor Media.
Our success is based on over 100 years combined experience within Community Scheme property sectors.
BC Funding Solutions raises capital from private individuals and corporate entities in order to facilitate much needed funding to Community Schemes, predominantly for underlying levy debtor problems or for maintenance and capital projects.
Our core focus is to provide and facilitate a sustainable value-added solution that will benefit both the lenders into this environment, as well as the unit owners of the Community Schemes, in order to ultimately ensure financial stability and protect the unit owner’s value of their investment in their property.
Benefits of the BC Funding Solutions lending structure to our lending clients in this environment include:
Lending, loans and arrear levy debt claims are not financial products, as defined by the Financial Sector Conduct Authority (formerly known as the Financial Services Board) and, as such, are not regulated by the Financial Advisory and Intermediary Services Act No 37 of 2002 (as amended) (“FAIS Act”).
BC Funding Solutions’ role is to connect Community Scheme borrowers with lenders wishing to lend into this secured environment, and thereafter it is to monitor the collection and repayment of these loans to our lending clients.