Bridging Finance for settled Road Accident Fund (RAF) Claims
This is offered to you once you have successfully settled the claim or obtained final judgement against the Road Accident Fund (RAF). There can be a substantial amount of time between settlement and payout (currently up to 8 months) and we step in and offset this for you by supplying the funds upfront, while you wait.
If your claim has been successfully settled or you have obtained final judgment against the Road Accident Fund (RAF), we can arrange bridging finance against the pending payment of your claim within 48 (forty-eight) hours (T’s & C’s obviously apply).
Augury Capital specialising in finance against your Road Accident Fund (RAF) pay out.
Road Accident Fund (RAF) claimants
We provide Bridging Finance against your settled Road Accident Fund (RAF) claims.
How it works
Your claim needs to be in your name in order to qualify for Road Accident Fund (RAF) bridging finance.
How long before your Road Accident Fund (RAF) bridge advance is paid?
Applications are processed within 48 hours after both you and your attorney have provided us with all of the required information.
How much does Road Accident Fund (RAF) finance cost?
We buy a portion of your claim from you. There are no upfront fees payable in order to get your finance. Our fee is only collected once the Road Accident Fund (RAF) pays your claim.
For example, if you were due to receive R100 000 from your Road Accident Fund (RAF) payout, we would purchase your claim and pay you R85 000, effectively costing you 15%.
We would then take over the risk of how long that payment may take to be received from the Road Accident Fund (RAF).
We also offer various options that cost less than 15%. Click here for more examples.