FUNDING NEWS

Starting a business or scaling an existing one often requires capital. The traditional methods of financing are evolving, and many entrepreneurs are exploring a range of options to secure funding. In this post, we will delve into various ways you can finance your business growth, highlighting the advantages and disadvantages of each method. Understanding Business Finance Business finance is the backbone of any startup or growing enterprise. Without sufficient funds, it can be

Here is something that can help your business during the COVID-19 crisis – bridging finance! Bridging finance or a bridge loan is a short-term loan offered by commercial banks that allow your company to meet current obligations by providing immediate cash flow. Bridge loans are short term, up to one year, have relatively high interest rates and are usually backed by some form of collateral, such as real estate or inventory. The lenders can customise these loans for many diffe

THE NATIONAL YOUTH DEVELOPMENT AGENCY, INDUSTRIAL DEVELOPMENT CORPORATION AND SMALL ENTERPRISE FINANCE AGENCY HAVE LAUNCHED A...

The cooperation agreement signed by IDC, SEFA and NYDA will result in a coordinated approach to provide funding and support services to...

The Industrial Development Corporation (IDC) and the German Development Bank (KfW) have partnered to make a R500-million facility...