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Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

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Page 1: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and
Page 2: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and property markets.

  The business caters for both the individual and all

forms of business, from the sole proprietor to the listed company. Due to the rising costs and interest rate increases in particular, Midlink has become an integral service provider, offering friendly, efficient, effective and flexible financial solutions to its clients.

Page 3: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

At Midlink Financial Services our philosophy is to deliver a consistent high level of service with integrity and honesty without compromising our principals or reputation. Therefore it is important to submit comprehensive complete applications and not to make promises to clients that cannot be kept. All applications and negotiations are guaranteed to be dealt with on a professional, strictly confidential basis.

Page 4: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

 The following services are being offered and can

be sub-categorised as follows: 

Bridging finance Blacklisted solutions – Individuals Business and project finance Commercial and industrial finance Long term loans Rental finance

Page 5: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Midlink Financial Services has associations with several companies and is always endeavouring to:

Enhance and improve its product range Extend and increase its services on offer

 

Page 6: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

  Bridging finance is the capability of accessing cash

now, earlier than expected or when you need it most based in a definite secured future income. It is short term cash loans or advances for the terms when the income is still subject to incomplete actions like registration of property or payment of invoices and pensions.

Page 7: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

The advantages of bridging finance are mainly the immediate availability of funds. It can also be used to speed up the future income e.g. Payment of municipal cost to speed up property registrations. It is subject to costs and interest and the future income must prove to be viable, subject to third party payments and show definite ability to pay back the advanced funds.

Bridging finance can be split between individuals and businesses

Page 8: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

  Commission – Estate agents Profits on property sales Pension and provident fund pay-outs – Get your pay-

out now Deceased estates – Advances on inheritance paid

Page 9: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

  Debtors Factoring – Early payment on full debtor’s

book Single Invoice Discounting – Early payment of one

debtor Property Bridging Finance – Developers looking for

bridging finance/cash advances

Page 10: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

  2nd and 3rd – Get your cash flow now, not later on bond

registration Bond originators/Estate agents – Advances of up to 80%

on commissions Rates outstanding – Pay from proceeds of sale of property Sellers of properties – 80% of equity on sale of a property

available Advances on approved development loans Profits on property transactions

Page 11: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Bonds can be obtained on all property transactions based on:

  Approval criteria of the financial

institution utilised Property value Ability to repay the loan, and Proof of income

Here we have product for first time home owners where it is possible to capitalise the initial costs, subject to additional equity being available in the property.

 

Page 12: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Other property finance include bonds in the form of:

First, second and third bonds on a property Switching from one financial institution to

another Further and increased bonds for both

individuals and businesses

 

Page 13: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Blacklisted persons owning or buying a property with additional equity can be financed. We will, by way of an increased bond, help you pay your debt and remove credit bureau listings and re-instate your good creditworthiness.

 

Page 14: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

This is subject to: 

Affordability Equity in the property of at least 30% or 20%

deposit (can be arranged)

Settlement of debt Maximum value of R400 000

(first time buyers included)

Page 15: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Many businesses are growing at a rapid rate and have insufficient cash resources to cope with expansions and growth. At Midlink we have access to sources that can fund these and are prepared to assist with investments in sound business opportunities. Once we know your needs we can source a suitable investor.

Page 16: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

This finance can take the form of factoring, joint ventures, management assistance and term loans. Businesses that need the support or a technical of financial management nature, or who, due to their circumstances, are unable to provide the required collateral and securities, can be financed under a managed loan programme.

Page 17: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Businesses are assisted in: 

Cash flow management Payment of suppliers Negotiating discounts and terms Submission of payment certificates etc.

Page 18: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

This additional support enables the entrepreneur to be relieved of administrative duties in order to concentrate on the core business and managing the processes of the business and projects.

Projects such as property developments, new mines

and limited technical and scientific projects can be financed. It is important to note that most of these are done on an equity base where the financier keeps a portion of the project with a specific exit strategy.

Page 19: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Development buyouts can also be arranged.  All business related finance is subject to criteria

such as equity value. Property value, cash flow and profitability, sound management skills and integrity of the owners.

 

Page 20: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Business finance can be arranged for the buy-out of and existing business, as well as start-up capital for new businesses.

Page 21: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

In the highly competitive marketplace, the latest or additional technology, equipment and machinery are often required to stay ahead of the competition. This can drain cash flow, Midlink offers a rental option where the equipment can be rented for up to 60 months.

Page 22: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Advantages of this option include:

Cash flow advantages The full rental payments are deductable for tax

purposes It does not influence the credit rating It is quick and easy to acquire and can be

upgraded from time to time

 

Page 23: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Furthermore the equipment becomes your property at the end of the rental period.

  Equipment rented must however be income

generating equipment. This includes all types of businesses from office and medical to farming and manufacturing etc.

 

Page 24: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

 

Sales Contract – Deed of Sales Copy of ID Bond Approval Transfer Attorney contact details

Page 25: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Signed consulting agreement with Midlink Financial Services or Agent

Company Profile (2 or 3 pages) Company Registration documents (CMs/CKs) Signed audited financial statements for 2007 and 2008 Signed management accounts for un-audited period to date Business bank statements for the last 4 months (no internet

printouts) Copy of Id of all members, directors or shareholders Signed personal statement of assets and liabilities of all

members, directors or shareholders

Page 26: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Personal profiles/CVs of all members, directors or shareholders

Copy of signed offer to purchase of property originally acquired

Copy of property title deed If property is bonded, copy of bond statements for the last 4

months Contact details and person of transferring attorney Copy of signed offer to purchase with purchaser Copy of purchaser’s final bond approval Contact details and person of purchaser’s bond registration

attorney Any other information or documentation applicable

Page 27: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Application forms Copy invoices Debtors details Debtors age analyses General Information Financial Statements CK2

Page 28: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Complete application form Clear copies of Ids of applicants Overtime/commission summary where applicable Latest payslip of all applicants Last 6 months pay slips for commission or overtime

workers Last 3 months bank statements (no older than 2 weeks) Last 12 months bond statements/title act/offer to

purchase Marriage certificate and prenuptial agreement where

applicable Last municipal account (no older than 1 month) List of outstanding debts with last account statements

 

Page 29: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Complete application form Clear copies of Ids of applicants Overtime/commission summary where applicable Latest payslip of all applicants Last 6 months pay slips for commission or overtime

workers Last 3 months bank statements (no older than 2 weeks) Last 12 months bond statements/title act/offer to

purchase Marriage certificate and prenuptial agreement where

applicable Last municipal account (not older than 1 month) List of outstanding debts with last account statements List of creditors should be settled or proof of payment

Page 30: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Executive summary of business plan Property details and proof of ownership/purchase offer Comprehensive business plan Cash flow projections and budgets 2 year audited financials Signed statements of assets and liabilities of directors Copy of title deeds Bond statements – latest 4 months Personal profiles and CV’s of directors Proof of guarantee/approved finance where applicable Contact details of attorneys transferring on bond

registration Signed purchase offer Copy of purchasers final bond approval

Page 31: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Executive summary of business plan Property details and proof of ownership/purchase offer Comprehensive business plan Cash flow projections and budgets 2 year audited financials Signed statements of assets and liabilities of directors Copy of title deeds Bond statements – latest 4 months Personal profiles and CV’s of directors Proof of guarantee/approved finance where applicable Contact details of attorneys transferring on bond

registrations Signed purchase offer Copy of purchasers final bond approval Geological report Mining and plant design

Page 32: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Signed consulting agreement with Midlink Financial Services or Agent Company Profile (2 or 3 pages) Company Registration documents (CMs/CKs) Signed audited financial statements for 2007 and 2008 Signed management accounts for un-audited period to date Business bank statements for the last 4 months (no internet

printouts) Copy of ID of all members, directors or shareholders Signed personal statement of assets and liabilities of all members,

directors or shareholders Personal profiles/CV’s of all members, directors or shareholders Copy of property offer to purchase Copy of property title deed If property is bonded, copy of bond statements for the last 4 months Copy of property zoning certificate

Page 33: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Copy of services availability confirmations (electricity, water, sewerage etc.)

Brief feasibility study of property, including rental income and expenses (taxes, levies, water, electricity, maintenance

etc.) Rent roll or schedule of tenants copy of lease agreements and

signed audited financial statements for last 2 years Contact details and person of transferring attorney Copy of signed offer to purchase with purchaser Copy of purchaser’s final bond approval Contact details and person of purchaser’s bond registration

attorney Any other information or documentation applicable

Page 34: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

ID of applicants/Ids of all members or directors Company registration Documents 3 Months bank statements VAT number Financial statements/Management statements List of Equipment (for re-financing)

Page 35: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Trade name Company’s registered name VAT number Nature of business Legal Entity Years in Operation Year in service/ownership of business Work address Land line number Clear copy of Ids of all members

Page 36: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Full banking details Years as member of bank Proof of property ownership or rental agreement Years at property Details of owner of property Marital status of members/owner Residential address of members/owner CC Registration / CIPRO Financial statements Management statements

Page 37: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

The evaluation process is nearly the same for all finance and entails that the following elements must be proved and is viable:

  Sufficient security for the investor/finance house Affordability finance the investor It must be a sound investment for the investor All legislative issues must be addressed Regarding business and project finance the investor and

business owner must be able to work as a team Where possible the payment must be prompt and direct from

the third party

Page 38: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Contractors who need the support of a technical or financial management nature, or who due to their circumstances are unable to provide the required collateral and securities, will be financed under a managed loan programme. These contractors are assisted in cash flow management, payment of materials suppliers, negotiating discounts for contractors, submitting payment certificate etc. This additional support is meant to relieve the contractors so that they can concentrate on managing the progress of their projects without being side tracked with these back office administration.

Page 39: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Upon receipt of an application:  The customer Relations Specialist will check if the

submitted application and attached documentation comply with the programme’s criteria before forwarding the application to a Programme manager.

  The programme Manager performs a desktop

evaluation, and then forwards the application to a Project Manager of the relevant programme.

 

Page 40: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

On condition that all the required documentation has been submitted, and the project is financial and technically viable, it will take at least a minimum of 14 working days to approve or decline an application.

 

If an application is approved, a contractor signs a Service Level Agreement, and the Loan Agreement.

Page 41: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

1.1 Criteria:  The contractor should have: 

A contract with a project value of not less than 10 million

A contract with one of the three tiers of government or any

other approved employer Submit a list of previous completed projects Submit a list of Employer references Submit a list of Supplier references Credit record Staffing levels and expertise required to complete the

project

Page 42: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

  Company registration certificate Certified copies of company directors/members SA

identity documents

Company VAT registration certificate Company Tax Clearance certificate History of previous projects, employers and

supplier references

Valid CIBD registration certificate

Page 43: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

1.2 Project Documents: 

Letter of appointment Signed contract between yourself and the employer Priced bill of quantities Cash Flow Contract specifications and conditions

Page 44: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Criteria:

  The contractor should have: 

A contract to deliver not less than 100 subsidy houses or sites

A contract that is financially and technically viable in terms

of the financing criteria for this programme

Page 45: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Approval of an application is subject to submission of the following documentation:

 Company Documents:

  Company registration certificate Certified copies of company directors/members SA Identity documents Bank account details Company VAT registration certificate Company Tax clearance certificate

Page 46: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Project Documentation: 

Letter of appointment Signed contract between yourself and the employer Cash flow forecast/cost breakdown per house Approved engineering designed foundation (if

applicable) Professional Indemnity cover for engineer Signed Land Availability Agreement (if applicable) House Plans Contract specifications and conditions Geo-technical subsidy approval (if applicable) Township registration and Surveyor General plan NHBRC project enrolment (if applicable)

Page 47: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Tunica specialises in the transport industry where its main focus is on liaising between transport contractors and product suppliers in mutual beneficial transactions. It also assists contract holders that cannot source the required logistics and enable the contract holder in fulfilling their contracts.

Page 48: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Tunica provides an open and honest service to the logistics industry of Southern Africa and operates beyond the borders of the country.

  Tunica also trades in the commodity field and

specialises in mining commodities. It is able to source and sell these at market related prices and combined with the transport and logistics, Tunica is able to make any transaction work.

 

Page 49: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

New Order is involved in the development of new products to enhance the services offered to clients and licence holders.

  New Order is also involved in the buying and selling

of commercial properties, businesses and mines. It has the capability to ensure that the presentation, business plan, marketing and price structure is mutually beneficial to the buyer and seller and has access to the required know-how to evaluate and interpret geological reports and valuations.

Page 50: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

New Order Investments is in the process of establishing a development bank in conjunction with overseas investors and sources. The bank will specialise in the financing of developments, mining and commercial transactions, yellow metals and economically viable transactions at extremely competitive interest rates.

Page 51: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

We are establishing working relations with various overseas investors to broaden the financing opportunities of our clients, aiming to finance transactions that cannot be done through current sources available.

  We are investigating finance possibilities for vehicles, specialising

in the field of declined transactions to help dealers and clients. We are exploring options for the financing of yellow metals and

the transport industry as these seem to be extremely difficult in the current financial situation and the risks involved. The SA financial institutions are avoiding the finance of the more expensive movable assets at present

   

Page 52: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Registered Name MONLINK Financial Services CC 

Trading as MIDLINK Financial Services 

Registration Number 2006/197510/23 

Telephone053 832 7109053 832 0804082 314 4628

 Fax

053 832 7550

Page 53: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

[email protected]

 Web

www.MidLink.org.za 

Physical Address79 Halkett Road

New ParkKimberley

8301 

BranchesKimberley

George 

CEOAnita Kotze

082 596 8167 

Page 54: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

Where personal information is submitted to us by the user, either by e-mail or by filling out an application form the following principles apply:

  A) Midlink Financial Services collects,

processes and stores only such personal Information regarding users as is necessary to provide the services offered. The specific purpose for which information is collected in it’s apparent context in which it is requested.

Page 55: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

B) Midlink Financial Service will not use the information submitted for any other purpose other than the efficient provision of services or a third party without obtaining the prior written consent for the user, unless required to do so by law.

C) Midlink Financial Services will keep all records for a period of one year.

Page 56: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

D) If information is released with the user’s consent a copy will be kept by us for a period of one year.

 

E) No credit card information is retained or stored.

Page 57: Midlink Financial Services was established in 2002 by Anita Kotze with a view to providing services in the rapidly growing and changing financial and

In order to provide the best possible and lost relevant service, Midlink Financial Services may use standard technology information.