Prevance is a member of the Chester Finance Group, a privately owned, global, specialist provider of trade, bridging and equity finance.
Established in 2000, Prevance is the division responsible for bridging finance.
Bridging Finance is of a short term nature to bridge the gap from now until the anticipated date of receipt of funds.
Essentially our bridging finance solutions assists you in accessing funds that may only be due to you in the near future.
Typically, we advance funds upfront to sellers of properties were the proceeds are only receivable on transfer of the property through the deeds office system.
This includes estate agents and agencies commissions which generally are also payable on transfer of the property sold and where Prevance advances the funds upfront in anticipation of the eventual receipt of such commissions.
Short terms loans can also be arranged, secured by first mortgage bonds over a property supported by a credible repayment plan for the loan.
Operate with Integrity towards our customers, employees, shareholders and suppliers
We seek to grow strong relationships with all role players by always being exceptional, exceeding all expectations and conducting our business in a discreet and confidential manner.
We employ highly skilled and qualified persons within the business, who are always on hand to guide you through the products and the processes from A to Z.
We understand that circumstances are sometimes difficult and complex situations sometimes do not always appear to have solutions. We have always maintained a dynamic approach to every situation and seek to understand and design solutions for our customers wherever possible.
Sellers Equity Advance
Advance on Bond and Bond Switching
Advance of Estate Agent Commission
Advance On Transfer Duty and Rates
Term Loans
