Access to Finance – What do you Need to Get your Business Ready?

Applying for funding takes time, and time is usually the very thing you don’t have when you’re needing finance. It makes sense then that you should do everything possible before engaging lenders to be finance ready Good preparation on the part of the finance seeker quickens the application process. Knowing what lenders need from you is vital to knowing what …

Access to Finance – One of the Primary Causes of Small Business Failure

JOHANNESBURG – The backbone of the South African economy is supported by small businesses, but businesses without a funding source are prone to failing or struggling to grow. The reality is that many small business owners are at a loss when it comes to where to look for funding and how to access it. With this in mind, Darlene Menzies, …

Can you get SME Finance if you have a Bad Credit Record?

Most traditional finance institutions are not prepared to consider funding a small business if the business or the business owner has a bad credit record.  Fortunately, there are still some options open to you and it may be possible to raise the financing you need. Why lenders use credit scores Lenders use credit scores (for both the business and the …

This site aims to help SA startups find the funding they need

We’ve heard it countless times from startups: securing funding for a new business is troublesome. The trouble being that many small business owners simply don’t know where to start looking. A website, finfindeasy.co.za, was launched last week and seeks to make it a bit easier to find funding for your small business. The site will connect entrepreneurs with financial services by creating an environment that …