Overview
We have an array of funding instruments that cover a number of sectors
Our role is to enhance the industrial capability of South Africa, and the rest of the continent, thereby boosting economic growth and industrial development. We do this by funding entrepreneurs starting new enterprises or supporting companies that want to extend existing operations.
We fund start-up and existing businesses up to a maximum of R1 billion. We consider debt of R1 million.
We also have a number of special schemes available, administered by our Development Funds Department.
Funding instruments
Funding can be structured in a number of ways:
- Debt
- Equity and quasi-equity
- Guarantees
- Trade finance
- Venture capital
Minimum requirements
- Security; the form and nature of which will relate to your specific circumstances;
- Compliance with international environmental standards;
- Shareholders/owners are expected to make some financial contribution:- The contribution of historically disadvantaged people under special circumstances may be lowered, in which case the corporation will be prepared to extend finance in excess of the owner’s contribution.
- The project/business must exhibit economic merit in terms of profitability and sustainability;
- We do not refinance fixed assets, since our aim is to expand the industrial base; and
- We also focus on broad-based and expansionary black economic empowerment and black industrialists.