Cashflow to Grow your Business

96% of businesses fail within the first 10 years of operating. Whilst the reasons are wide and varying one of the most common reasons is lack of cashflow and ability to obtain short-term financing!

And according to a 2020 Mckinsey survey on the SME landscape post Covid-19, SMEs have limited access to low- and medium-cost funding is constraining business growth.

Many entrepreneurs have tried sourcing loans from their banks however, we know banks track record and their ultra conservative nature.

Then there are sources for grant funding, however they are notoriusly slow and often come with other strings attached!

There are several sources that can provide financing however in most instances you have to be operating for at least a year and have a turnover of at least R1m.

See below for our Finance partners who can finance your growth, if you meet their criteria!