Pension & provident bridging
Your fund payout is on its way. Bridge the wait.
When you leave a job, your pension or provident fund payout can take time to process. Take a loan against it now and bridge the gap while you wait. You repay it once, when the fund pays out.
How it works for a pension & provident fund payout
Bridging finance lets you take a loan against a lump sum that is already due to you. Loans start from R2 000 and are based on about 10% of your expected payout, which needs to be at least R30 000. Every application is subject to an affordability assessment, as the National Credit Act requires.
You repay once, when your payout lands, and early settlement is accepted. There are no monthly instalments. You'll see the full cost of credit in your agreement before you sign. Work out an estimate with our cost calculator.
New to bridging finance? Read what bridging finance is, see how it works, step by step, and learn how to spot a bridging-loan scam.
This covers
- Resignation
- Retirement
- Dismissal
- Retrenchment
- Mutual termination / separation
- Severance package
FAQ
Pension & provident fund: common questions
How much can I borrow against my pension or provident payout?
Loans start from R2 000 and are based on about 10% of your expected lump sum, subject to an affordability assessment. Your expected payout needs to be at least R30 000.
How do I repay the bridging loan?
You repay once, when your payout lands. Early settlement is accepted.
Do you charge upfront fees?
No. Marlin Credit never charges upfront fees. Anyone asking for a fee before you receive a loan in Marlin Credit's name is not Marlin.
Will a credit check be done?
Yes. The National Credit Act requires an affordability assessment before credit is granted, so a credit check and verification are part of the process.
The money is already yours. Let's get you some of it sooner.
A free, no-obligation check takes 30 seconds. A real consultant takes it from there.