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Opportunity · Q3 FY26
Shoprite — reefer expansion
Shoprite Cold Chain · Western Cape
At riskReWorksCredit Application
Account
Shoprite Cold Chain
Owner
S. Adams
Funder
African Bank
Expected close
31 Jul 2026
Deal economics
Probability60%
- GRVGross rental value
- R 4 200 000
- NPV@ 4%
- R 3 360 000
- RVResidual value
- R 672 000
- Doc Fees
- R 14 700
- Cash Invested
- R 2 856 000
- Weighted Value
- R 2 016 000
Engagement timeline
- NoteCredit application prepared
Auto-logged from current stage.
17 Jul 2026, 00:00 · S. Adams - NoteAt-risk flag
Decision slipping; competitor quoting on residuals.
02 Jun 2026, 10:15 · S. Adams - TaskChase financials
Request latest AFS for the credit submission.
26 May 2026, 16:45 · S. Adams
Credit application
- Status
- Under Review
- Funder
- African Bank
- Amount
- R 2 856 000
- Submitted
- 06 Jul 2026
- Decision
- —
- Conditions
- Awaiting latest annual financials