A Funding Agency Catered For Your Small Business
A Funding Agency Catered For Your Small Business! The Small Enterprise Finance Agency (SEFA) is a credit provider that provides financial products and services to qualifying SMMEs and Cooperatives.
It provides funding through a hybrid of wholesale and direct lending channels within the following sectors:
- Services (including retail, wholesale trades and tourism);
- Manufacturing (including agro-processing);
- Agriculture (specifically land reform beneficiaries and contract farming activities);
- Construction (small construction contractors);
- Mining (Specifically small scale miners);
- Green Industries (renewable energy , waste and recycling management)
SEFA aims to foster the establishment, development and growth of SMMEs. It also aims to contribute towards poverty alleviation, job creation and economic growth by providing simple access to finance in an efficient and sustainable manner.
SMMEs and Co-operatives can get credit facilities from R500 up to R15 million when applying through any of SEFA’s intermediaries or partnerships such as Commercial banks, Co-operative financial institutions, Micro-finance intermediaries, Retail financial intermediaries, Strategic partnerships and Structured finance solutions.
For direct loans of R50 000 up to R15 million, SMMEs and Co-operatives can access this through regional offices, SEFA co-location offices, branches and satellite offices nationally.
