Gauteng Partnership Fund
Industry
Government funding of residential property development projects
Challenge
The Fund required a cost-effective and time-saving solution to automate lending agreements, security packs and other frequently used documents.
Solution
- The integration and automated drafting and management of the Fund’s core lending agreements, coupled with all associated security documents and term sheets.
- Agreements and other frequently used documents were custom made to meet not just legal requirements but specific client needs.
Result
It is useful to know that one has the support of experts who provide legal support free of charge. They also ensure that all agreements are up to date with changes in legislation. The software is very easy to use, saves time and is good value for money. The fact that it is web-based means it can be accessed from anywhere. The document storage allows one to save various drafts and have a record to track amendments made.