- Funding Connection Newsletter
- Posts
- How SEFA can finance your venture
How SEFA can finance your venture
let us help you!
Dear Successful Entrepreneur!
The Small Enterprise Development Agency offers financial assistance ranging between
R 50 000 and R 15 million.
To be considered for finance, you must:
Be a South African citizen or a permanent resident
Be a registered entity, including sole traders with a fixed physical address, minimum 51% black-owned.
Have a written business plan that meets sefa’s loan application criteria
Demonstrate the character and ability to repay the loan
Be the majority shareholder and the owner-manager of the business
Provide relevant securities/collateral
Have a valid Tax Clearance Certificate
The various industry sectors are:
services (including retail, wholesale and tourism);
manufacturing (including agro-processing);
agriculture (especially land reform beneficiaries and contract-farming activities);
construction (small construction contractors);
mining (specifically small-scale miners; and
green industries (renewable energy, waste and recycling management).
Essential items you need to apply:
A registered company
A business plan and cash flow projections
Certified copy of your ID
Proof of residence
Loan Breakdown
Supporting quotations
Short CV of each shareholder
If you require our support to draft a business plan or assistance with the application process, simply reply to this email and Anne can assist you!
To Your Success
Your Funding Connection Team
Land line: +27 (0)31 761 8677 or Cellphone +27 (0)61 542 4037
Headquarters: 2 Old Main Road, Hillcrest Office Park, Hillcrest, KZN 3610
Satellite Offices:
Johannesburg: Infinity Venue, 30 4th Avenue, Northmead, Benoni - only by appointment