SEFA GRANTS LOANS BETWEEN R50 000 TO R15 MILLION
- To be considered for finance , you must:
- Be a South African citizen or a permanent resident
- Be a registered entity , including a sole trader with a fixed physical address
- 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( especially small scale miners) and,
- Green industries (renewable energy, waste and recycling management)
- Essential items that 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
