Where can you ac­cess funds?

If your busi­ness meets the cri­te­ria, you can get fi­nan­cial back­ing

Sunday World - - Jobs - E-mail: helpline@sefa.org.za

BetweenJune2015andMay2016, the depart­ment of small busi­ness de­vel­op­ment trained 1 037 in­for­mal traders, es­tab­lished 29 satel­lite of­fices and five cen­tres of busi­nes­sex­cel­lence.

As long as your busi­ness or co-op­er­a­tive meets the cri­te­ria, you can ac­cess fund­ing or grants through the depart­ment or one of its agen­cies. Bear in mind how­ever, that pub­lic sec­tor fund­ing in­volves a thor­ough and care­ful process.

SEFA

Loans from SEFA can range from as lit­tle as R500 up to R3m, with the loans paid di­rectly to own­ers. This di­rect pay­ment is im­por­tant in a busi­ness sec­tor that is of­ten not part of tra­di­tional bank­ing sys­tem.

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