RAF LOANS

Get an advance on your RAF settlement in as quickly as 3 days

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Fast Cash for Your RAF Claim: Access Up to 75% of Your Payout Now

Are you waiting for a Road Accident Fund (RAF) settlement but need funds urgently to cover medical bills, living expenses, or other costs arising from your accident? Waiting for your payout can be a lengthy process, but you don’t have to put your life on hold. Our RAF Cash Advance service provides you with access to a significant portion of your pending settlement now. Get up to 75% of your estimated payout upfront, with no monthly repayments required – the advance and agreed fees are settled directly from your final RAF settlement, and you receive the balance.

Key features of our RAF cash advance:

Substantial Advance

Receive up to 75% of your estimated pending Road Accident Fund settlement amount upfront.

No Monthly Repayments

Unlike traditional loans, there are no regular monthly installments or interest payments to worry about while you wait.

Simple Settlements

Your cash advance, plus any agreed administration fees, is automatically settled directly from your final Road Accident Fund payout when it is received.

Receive the Balance

Once your claim is settled and our advance and fees are deducted, you receive the remaining balance of your payout.

Address Urgent Needs

Get fast access to much-needed cash to cover immediate expenses while you await your often-delayed RAF settlement

Unique Loan Structure

This is a cash advance facility designed specifically for RAF claimants waiting for their settlement, not a standard personal loan with ongoing repayment obligations.

What You Need To Know

Who It’s For

Our RAF Cash Advance service is specifically designed for individuals who have a pending claim with the Road Accident Fund following injuries sustained in a motor vehicle accident. If you are facing financial difficulties, medical expenses, loss of income, or other costs while waiting for your RAF claim to be finalised – a process that can often take a significant amount of time – this service provides a vital financial bridge. It is ideal for claimants who are legally represented and have a strong, well-progressed claim that has received a settlement figure from the RAF.

NB:

– MUST have an attorney representing you 

– MUST have received a payout figure from RAF

Benefits of a RAF Cash Advance

  • It provides immediate access to funds, alleviating the financial pressure caused by the waiting period and allowing you to cover essential expenses without further stress.
  • Peace of mind knowing there are no monthly repayments to manage while you focus on recovery and await your settlement.
  • The process is streamlined, allowing you to access funds based on your pending claim’s estimated value, rather than solely on your personal credit history.
  • Importantly, you retain ownership and control of your RAF claim throughout the process.

Documents Required

To apply for a RAF Cash Advance, you will need to provide specific documents that help us evaluate the strength and estimated value of your pending Road Accident Fund claim.

  • Proof of a bank account into which the funds can be disbursed
  • The police affidavit and/or case number of the accident, medical documents supporting the claim (such as hospital records or doctor’s reports)
  • Letter from medical/legal experts involved in your case
  • Details of vehicle damage
  • Any available witness reports
  • The drivers report of the incident
  • Copies of your completed and submitted RAF forms. 

Frequently Asked Questions

Are there monthly repayments?

No, this is not a traditional loan with monthly repayments. It is a cash advance against your pending RAF settlement. The advance amount, plus agreed fees, is settled directly from your final RAF payout when your claim is finalised.

How much of my RAF payout can I receive as a loan?

You can receive a cash advance of up to 75% of your estimated pending Road Accident Fund settlement amount.

How long does it take to get my RAF cash advance paid out?

The process is designed to be much faster than waiting for your full RAF settlement. Once we have assessed your claim documentation and the advance is approved, funds can typically be disbursed within 3 days.

What happens when I receive my RAF payout?

When your Road Accident Fund claim is finally settled and the payout is received, the amount of the cash advance you received, plus any agreed administration fees, will be deducted directly from the settlement amount.

Are there any upfront fees?

The fee structure will be clearly explained to you during the application process. Fees are typically administration fees added to the advance amount and settled only when your RAF claim pays out.

What if my RAF payout is less than expected?

This is unlikely to happen as we only approve cash advances for applicants with a court order declaring the settlement amount.

APPLY FOR RAF CASH LOAN

 

This form applies to the following bridging loan categories:

Road Accident Fund Cash Advance

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