We are a firm selling bridging finance products and legal services .Our bridging finace products are ROAD ACCIDENT FUND ADVANCES on settled claims to Attorney’s and RAF claimants , PURCHASE ORDER FUNDING ,and INVOICE FACTORING
Our legal services are :drafting of contracts , insurance claims, pension claims and labour law claims
The CEO MR MIKE MABUNDA is a non practicing attorney with 07 years of legal practice and 5 years offering bridging finance products .
Our firm seeks to form joint venture partnerships with wealth management companies , private wealth companies ,angel investors and individuals with mutual purpose of funding purchase orders and invoice factoring
We pride ourselves on offering products with speed , consistency and professionalism.
Our vision is to see Vahlabe Group as one of the top 5 companies in South Africa offering financial products to previously disadvantaged companies and reviving the infrastructure of South Africa
We understand the frustrations and limitations faced by our clients in accessing funding especially from traditional lenders .We therefore make our process simple , fast and efficient .
We have assisted law firms and Road accident Fund claimants to unlock capital which would have otherwise taken them longer to receive from THE ROAD ACCIDENT FUND and attend to their immidiate needs .
Most of the time SME’s on supply database receives supply contracts however they are unable to supply goods or services due to lack of capital , we make it easier for them to honor the said contracts by providing access to capital .
Everytime you see delivery of goods or services as you travel around South Africa ,you should also know that there could be Vahlabe Group and our joint ventures footprints .
Due to our experience in the legal practice , we have also captured and understood faded by Attorney’s doing Road Accident Fund claims and the claimants .Most of the time Attorney’s enter into a contingency fees agreement with the victims of motor vehicle accidents which simply means no win no fee.Attorney’s take the responsibility to also fund medial reports of claimants to quantify the victims claims , i addition the attorney must also pay business overheads , sheriffs, landlord and stuff salaries .When AF takes 180 days to pay claims after settlement that means even after Attorney’s and claimants have waited years in some cases , they then have to wait much longer even after settlement of claims .
As Vahlabe Group we then provide a relief for both Law firms and Claimants in this regard by offering them advances in order to meet their imminent financial needs while awaiting payment from RAF .
We also provide lucrative returns to our joint venture partners , which helps them to grow and scale and grow their portfolios
All our purchase order deals are funded on profit sharing model .
We also have specific fees structure for Invoice discounting and Road accident fund advances