COD BRIDGING FINANCE is the property bridging finance arm of Gane Capital (Pty) Ltd, which is wholly owned by Attwood Equity Holdings, part of the Attwood Group. The Attwood Group, established over 40 years ago, is primarily involved in property investment and development, asset management and the hospitality industry.
COD BRIDGING FINANCE’s Directors are Christopher Attwood and Warren Mellow. Chris has over 20 years experience in finance both locally and abroad [BSc Finance (Boulder, Colorado), Euromoney diploma in International Capital Markets (Oxford, UK)]. Warren is an admitted Attorney (B. Soc. Sci. Llb) having spent 7 years in the legal industry working for several law firms in the greater Durban area before joining COD BRIDGING FINANCE in November 2006 as its Legal Advisor.
Warren Mellow and Colette Rudolph (10 years banking experience) head up COD BRIDGING FINANCE’s Credit Department.
Our core strength lies in the offering and provision of various forms of short term bridging finance. The primary focus here is on the offering of the below mentioned products. These products are designed to provide upfront cash flow to corporate entities and individuals in transactions where there is a sale of a property or registration of a new bond pending. The demand arises due to the time period taken in the conveyancing process to ultimately register the transfer of a property or bond, in the Deeds office.
In the case of the sale of a property, this time period is typically between 60 – 90 days and the seller only receives payment of the proceeds from the sale upon registration.