Commercial Bonds

Commercial Bonds

  • Commercial Bond Application

  • Filename

    Commercial Property Bonds

    As Commerical Bond Originators, Phoenix Bonds assists buinesses with obtaining long-term bank funding for commercial property transactions for industrial, retail, offices & warehouses. We do this through our established network of banks and funding institutions for transactions that adhere to the following:

    Property purchases for the purpose of either -

    • Investment
    • Owner-occupied purchases

    Note that we cannot originate funding for the following types of purchases:

    • Agricultural properties;
    • Vacant land;
    • Guest houses and lodges; and
    • Schools, educational & religious institutions.

    Our Commercial Lending Banks

    As commercial bond originators, we engage directly with the following banks:

    • FNB Commercial; and
    • Standard Bank Commercial 

    Through our origination partner, Paragon Lending, we can also engage with the following banks:

    • ABSA
    • Nedbank
    • Investec
    • RMB
    • Mercantile
    • Bidvest
    • Grobank/Bank of Athens
    • Sanlam
    • Futuregrowth
    • Old Mutual

    Commercial Lending Criteria

    • Investment: Based on net rental income
    • Owner-occupied: Based on cash flows of operating company
    Loan term

    Generally, 10 years or less.

    Loan-to-Value (LTV) Criteria
    • 60 to 100%, depending on whether the property will be used for investment purposes or owner-occupied; and
    • minimum and maximum lend will depend on the bank/financial institution’s credit criteria.

    Minimum Information Required for Commercial Bond Application

    Details on the commercial property
    • Signed OTP
    • Lease agreements in place
    • Valuations (if available)
    Details on the juristic/borrowing entity
    • Financials
    • Bank statements (at least 3 months)
    • Company registration documents
    • FICA documents
    Details on all Directors/Members/Trustees

    • FICA documents;
    • CVs (sometimes requested);
    • Payslips (if applicable);
    • Personal Balance sheet;
    • Personal statement of income and expenses; and
    • Bank statements (at least 3 months).

    Phoenix Bonds - Commercial Bond Originators South Africa

    Our bond origination company in South Africa is here to provide you with the best possible service and expertise in securing commercial bonds.

    We understand that every business is unique, and that's why we offer tailored solutions to suit your specific needs. Our team of experienced professionals is committed to guiding you through the process, from start to finish.

    With our knowledge and support, we aim to make the process as smooth and stress-free as possible, so you can focus on what really matters - running your business. We look forward to working with you and helping your business achieve its goals. Contact us to find out more about our commercial bond origination services or get started with your application.