Programme: Absa SMME Fund
Organisation: Absa
Type of Support
Programme Description
Loan amounts of between R5 000 and R3 million available to SMMEs under this programme. The maximum loan term is 5 years.
Target Market
100% black owned SMMEs that have been awarded government contracts or tenders.
Application Process
The applicant must provide a well researched business plan or business profile.
The main transactional account for the business must be held with Absa with no split banking
The applicant must be fully involved in the day to day operations of the business.
The economic benefit realised through the finance must reside in the province where the SMME is located.
Success Stories
Contact Details
More programme information is available on: http://www.absa.co.za/Absacoza/Small-Business/Financing/SMME-Fund
Telephone : 0860 040 302
Physical address:
Corner Jeppe and Henry Nxumalo Street, Newtown, 2000, Johannesburg
Telephone: 011 689 1940
70 Hans van Rensburg, Pietersburg Centre, Polokwane
Telephone: 015 290 5500
51 Phakamile Mabija Road, Jones Street Mall, Kimberley
Telephone: 053 807 7000
127 Alice Street, Durban
Telephone: 031 309 5330
1st floor CBD Branch 64 Maitland Street, Bloemfontein
Telephone: 051 407 0000
204 Peter Kerchhoff Street, Pietermaritzburg
Telephone: 033 264 3860
1st Floor Absa Bank 484 Govan Mbeki Avenue, Port Elizabeth
Telephone: 041 502 1111
Shop 16 Khayelitsha Mall, Walter Sisulu Drive, Cape Town
Telephone: 021 360 2660
1st Floor ABSA Square, Nelspruit
Telephone: 013 753 4580
Organisation: Absa
Type of Support
- Funding.
Programme Description
Loan amounts of between R5 000 and R3 million available to SMMEs under this programme. The maximum loan term is 5 years.
Target Market
100% black owned SMMEs that have been awarded government contracts or tenders.
Application Process
The applicant must provide a well researched business plan or business profile.
The main transactional account for the business must be held with Absa with no split banking
The applicant must be fully involved in the day to day operations of the business.
The economic benefit realised through the finance must reside in the province where the SMME is located.
Success Stories
- Sereti Mailula, founder of Polokwane based Seriteledi Horticultural Services benefited with funding from the programme after she had obtained a big contract. She is now better able to manage her company due to the business development support that she received and is looking forward to the continued growth of her company.
Contact Details
More programme information is available on: http://www.absa.co.za/Absacoza/Small-Business/Financing/SMME-Fund
Telephone : 0860 040 302
Physical address:
Corner Jeppe and Henry Nxumalo Street, Newtown, 2000, Johannesburg
Telephone: 011 689 1940
70 Hans van Rensburg, Pietersburg Centre, Polokwane
Telephone: 015 290 5500
51 Phakamile Mabija Road, Jones Street Mall, Kimberley
Telephone: 053 807 7000
127 Alice Street, Durban
Telephone: 031 309 5330
1st floor CBD Branch 64 Maitland Street, Bloemfontein
Telephone: 051 407 0000
204 Peter Kerchhoff Street, Pietermaritzburg
Telephone: 033 264 3860
1st Floor Absa Bank 484 Govan Mbeki Avenue, Port Elizabeth
Telephone: 041 502 1111
Shop 16 Khayelitsha Mall, Walter Sisulu Drive, Cape Town
Telephone: 021 360 2660
1st Floor ABSA Square, Nelspruit
Telephone: 013 753 4580
|
|
Register to get updates and get long-term access to all programme information. We hope to keep you up to date with regards to new programmes as well as new thought leadership articles.
Our aim is to partner with you in maximising your success through the programmes available to support your business. |