Updated on 29 January 2025 • Reading Time: 3minutes
Looking for the right funding to grow your business? Securing funding is a key challenge for many entrepreneurs. In this brief, we will explore various small business funding options and help you choose the best one for your growth.
In South Africa, small businesses can access non-repayable grants to support growth and development. These grants, available from government bodies like IDC, NEF, TIA, and DTIC, fund activities such as training, equipment, and market expansion.
Businesses must submit detailed proposals that meet the qualifying criteria. Grants can cover full or partial costs, and it’s essential to research suitable opportunities and prepare a comprehensive application to secure funding for business development.
Need funds to grow your business? We offer fast, transparent, and stress-free funding options to help you take advantage of new opportunities. Whether you need working capital loans, bridging finance, or purchase order funding, we have got you covered.
How it works:
Apply online
Receive an offer
Get funds within 24 hours
To qualify, your business must be registered and operational for 12 months, with a minimum turnover of R40k in the last 6 months or R500k per year.
Bridging finance is your solution. It’s quick, flexible, and can help ease cash flow issues or fund business improvements. You can apply online, and within 24 to 72 hours, you’ll get access to the funds you need.
Main Benefits:
Fast approval within 24 hours
Flexible repayment terms (6 months to 12 months)
No upfront fees with some lenders
Access funding for various business needs
Compare the best lenders, like GENFIN, Lulalend, and Retail Capital, to find the right option for your business.
Learn how to get your business ready for funding with practical advice and simple steps. Explore a variety of funding content that guides you through everything you need to know, from preparing your business to finding the right funding options. Whether you’re starting or looking to grow, these insights will help you succeed.
Karabo Kgophane is a Social Media & Digital Community Manager with a background in journalism and film and television production, and over four years of experience curating content for entrepreneurs. He manages social media platforms, creates content for newsletters, writes articles, and builds relationships with stakeholders. Passionate about helping entrepreneurs thrive, Karabo stays on top of trends to keep them ahead of the game.
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