Sasfin : SASP S3 Investor Report February 2022

Information Date:	28-Feb-22
Period:	Feb-22
Period Number:	8

Deal Name:

South African Securitisation Programme (RF) Ltd- Series 3

Issuer:Seller of the Receivables:South African Securitisation Programme (RF) Ltd- Series 3 140 West Street

Sandown, Sandton 2196

P.O Box 95104 Grant Park, 2051

Sasfin Bank LimitedServicer Name:

Sasfin Bank Limited

Contact:

Contact: Mr Dhesegan Govender Phone: +27 ( 011) 809 7892

Email: [e-mail]

Manager

Sasfin Bank Limited

140 West Street Sandown, Sandton 2196

Information Date:	28-Feb-22
Information Date:	Feb-22
Period Number:	8

Page	Tables of Contents
1	Additional Information
2	Contents
3	Conterparties
4	Deal Overview
5	Balance Sheet and OC
6	Notes Information I.
7	Notes Information II.
8	Performance Test
9	Portfolio Covenants
10	Priority Of Payments
11	Pool Movement (Rands)
12	Pool Stratification
13	Pool Ageing
14	Concentration
15	Delinquency Contracts
16	Defaults
17	Excess Spread
18	Note Interest and Details
19	Glossary

Information Date:	28-Feb-22
Period:	Feb-22
Period Number:	8

Deal Name:

South African Securitisation Programme (RF) Limited - Series 3

Issuer:

South African Securitisation Programme (RF) Ltd - Series 3

140 West Street

Sandown, Sandton 2196

P.O Box 95104 Grant Park, 2051

Series Seller, Servicer and Manager Name: Sasfin Bank Limited

140 West Street Sandown, Sandton 2196

Contact: Mr M Sassoon

Paying Agent: Nedbank Limited

Braampark Forum IV

2nd Floor, 33 Hoofd Street Braamfontein, 2001

P.O Box 1144 Johannesburg 2000

South Africa Contact: Mrs L Currie

Legal Adviser to the Arranger, the Issuer and the Security SPV: Edward Nathan Sonnenbergs Inc.

150 West Street

Sandown

Sandton, 2196

P.O Box 783347

Sandton, 2146

Contact: Mr S Von Schirnding

Series Security SPV:

Stonehage Fleming Corporate Services (Pty) Ltd (Maitland Corporate Services (Pty) Ltd (MCS(SA))

Maitland House 1

River park, Gloucester Road Mowbray, Cape Town, 7700 PO Box 3149, Cape Town, 8000 South Africa

Contact: Mr B Harmse

Transfering Agent: Nedbank Limited

(a division of Nedbank Limited) 135 Rivonia Road

Sandton, 2196 South Africa P.O Box 1144 Johannesburg, 2000 Contact: Mr RC Hayne

Series Standby Servicer: Singular Systems (Pty) Ltd

25 Scott Street

Waverley, 2090 Sandton

Johannesburg, South Africa Contact: Mr Tsungi Akino

[phone] / [phone]

Independent Audiors to the Issuer and the Security SPV and Joint Independent Auditors to the Series Seller: PricewaterhouseCoopers Inc.

4 Lisbon Lane Waterfall City 2090

Director: Vincent Tshikhovhokhovho

Information Date:	2022/02/28
Period:	Feb-22
Period Number:	8

Deal Overview

Reporting Period:	Feb 22
Reporting Date:	15-Feb-22
Reporting Frequency:	Monthly
Period No.:	8
Interest Payment Dates:
Next payment Date:
Asset Collection Period:
Note Interest Accrual Period:

15 Feb / 15 May / 15 Aug / 15 Nov

15th of each month (for previous month)

15-Mar-22

1-Feb-22	until	28-Feb-22
15-Feb-22	until	15-May-22

Pool Information	Outstanding Principal Balance	Number of Contracts
Outstanding Pool	1,476,422,944	16,627
Repurchased Operating Lease Contracts	-	-
(cumulative since Cut Off Date)	-	-

Type of Equipment Lease	Percentage of Leases (%)	Outstanding Principal Balance	Percentage of Balance (%)
New	98%	1,430,090,337	96.86%
Used	2%	46,332,607	3.14%
Total	100.00%	1,476,422,944	100.00%