Unlock Your Franchise Dream with Expert Support! πŸš€

NEF will finance well established franchise concepts

Dear Successful Entrepreneur!

Are you considering becoming a franchisee? πŸ“Š Statistically, joining an established franchise is a more successful path than starting a business from scratch. Franchises offer a solid foundation, including a recognizable brand and a proven business model, significantly reducing start-up risks. πŸ’Όβœ¨

The NEF (National Empowerment Fund) is here to support entrepreneurs like you looking to invest in well-established franchise concepts. This fund is designed to help you take the first step toward business ownership with reduced risk and increased confidence. 🌟

Key NEF Franchise Funding Requirements:

  • βœ… Preference for well-established franchise concepts.

  • βœ… Active management involvement by BEE (Black Economic Empowerment) parties.

  • βœ… Minimum BEE shareholding of 50.1%.

  • βœ… Funding provided through a loan instrument, with terms matching the franchise license duration (up to a maximum of 7 years).

  • βœ… Pre-approval of the BEE party by the franchisor is required before approaching the NEF.

  • βœ… Funding is generally capped at R10 million.

  • βœ… Primarily debt-based funding for SMEs.

  • βœ… Prime-linked interest rates apply.

  • βœ… NEF exits the investment within 5 to 7 years.

What You Need to Apply: πŸ“„ A bankable business plan and a completed application pack are essential to secure this funding.

How We Can Help: Navigating the application process can be challenging, but you don’t have to do it alone. πŸ› οΈ Our team specialises in business plan development and application support to ensure your submission stands out. Whether you need help crafting a compelling business plan or guidance through the application process, we’re here to support you every step of the way. 🀝

Ready to take the next step? πŸš€ Simply reply to this email, and let’s turn your franchise dream into reality! πŸ’¬

Your Success Starts Here – Let’s Make It Happen! 🌟

To Your Success

Your Funding Connection Team

Landline: +27 (0)31 761 8677 or Cellphone/ WhatsApp +27 064 550 7052

Headquarters: 2 Old Main Road, Hillcrest Office Park, Hillcrest, KZN 3610