Betterbond is the flagship company in the PA Group and boasts a total of 12 full service branches
across South Africa. The company is the largest mortgage originator in the country and provides a free service to all interested home owners. Betterbond shares a partnership with four major banks, thus possessing the power to assist potential home buyers in securing the most costeffective home loan, at the best possible
interest rate, in the fastest time possible. Betterbond currently provides unsurpassed service to a national market of home buyers, developers and estate agents.
Betterbond’s expert consultants provide highly efficient service in terms of securing a home loan, as well as a number of value added offerings to its clients. These offerings include short- and long-term insurance, bridging finance, home owners cover as well as a free removal quote service. By accessing Betterbond’s newly launched website, clients can find an array of valuable and useful information relating to the process of home
buying/building, such as debt consolidation, repayment calculators and types of ownership, to name a few.
Betterbond is committed to bringing home not only the best possible solution to their client’s overall needs, but to further sharpen the competitive edge that characterises the name, Betterbond, in the market place.
(1). Founded in 1999 (2). The largest mortgage originator in the country (3). Has a staff complement
of 433 (4). Provides a free service to all home owners (5). Shares a partnership with four major banks
STATISTICS/ DEMOGRAPHICS/ HISTORY
Year founded: 1999 Founding members: Jan le Roux and Rudi Botha Employees: 433 Branches: 12 regional branches, 28 satellite offices Memberships: NAMO – National Association of Mortgage Originators
NATURE OF BUSINESS
Activity: Provides a free service to potential and existing home owners and assists in securing the most cost effective home loan at the best interest rate in the fastest
time possible.
TRAINING & CSI
Training programmes: Home Buying Process (4 modules)
BUSINESS & FINANCE
Turnover: R891 900 455 Operating profit: R161 666 285 Net profit: R124 866 755 Financial year-end: August Holding company: PA Group Limited Bank: Absa Auditors: BDO Spencer Steward Current customer base: Estate agents Key clients: Re/Max of Southern Africa, Chas Everitt Property Group, Wendy Machanik Properties, Rawson’s Properties, Leapfrog Property Group
CONTRACTS & AWARDS
Recent awards: 1st Place Top 500 Best Companies in South Africa – Mortgage Finance
EMPOWERMENT STATUS
Black Empowerment Level:
shareholding: 5%-25% / total staff: None - EE is at 4.4%
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