SMME Funding

Target Market:

SMME’s in Public and Private Sector

Funding/Bridging Finance ranging from R 5 000 – R 100 000 *Terms and Conditions apply

Priority paid to Female owned enterprises.

Description of Product:

Bridging Finance Loan

For Periods of 1-2 Months

Focused on the execution of Verified Projects and Contracts

1-2 days turn-around time.

Never fall in love with an idea. They’re whores. If the one you’re with isn’t doing the job, there’s always another.

Chip Kidd
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Pellentesque suscipit ante at ullamcorper pulvinar neque porttitor. Integer lectus. Etiam sit amet fringilla lacus. Maecenas volutpat, diam enim sagittis quam, id porta quam. Sed id dolor consectetur fermentum volutpat nibh, accumsan purus.

All that is valuable in human society depends upon the opportunity for development accorded the individual.

Albert Einstein
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Photography is the simplest thing in the world, but it is incredibly complicated to make it really work.

Martin Parr
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Key Requirements

Award Letter/Purchase Order Documentation

Copy of ZAR Identity Document/Passport

Proof of Address: Personal/Business

Company registration documentation

Financial Statements: Previous and Current Year

3 Months Bank Statement: Personal and Business

Certificate of Compliance: SARS

Loan Amount: R 50 000.00
Duration: 30 Days

Loan Element Rand/%/Factor Value (Rands)
Interest % R 1 131.46
Initiation Fee Rands R 1 050.00
Service Fee Rands R 60.00
Total R 2 241.46

*Credit Life insurance and VAT not included. The example above is for entities earning less than R1Million turn-over per annum. The above is based on 0,08% interest per day, R2 service fee/Day


Find Us

Call Us
Tel:    +27 11 201 2111
Cell:   +27 65 982 5065
Address
8 Greenstone Place
Block C
Stoneridge Office Park
Greenstone
Modderfontein, 1609