Sefa Funding, How to Apply, and Requirements

Filed in Funding by on February 4, 2022 0 Comments

Small Enterprise Finance Agency -Sefa Funding Application | How to apply, application form, requirements, and application closing date.Lulalend Funding

Funding is the act of providing resources to finance a need, program, or project. While this is usually in the form of money, it can also take the form of effort or time from an organization or company. Generally, this word is used when a firm uses its internal reserves to satisfy its necessity for cash, while the term financing is used when the firm acquires capital from external sources.

Below are the full details on how to complete the Small Enterprise Finance Agency -sefa Funding application form and its requirements.

Small Enterprise Finance Agency -Sefa

Who Are We

The Small Enterprise Finance Agency –sefa provides financial products and services to qualifying SMMEs and Co-operatives, 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); and
  • Green industries (renewable energy, waste, and recycling management).

What We Do

Sefa’s core function is to foster the establishment, development and growth of SMMEs and Co-operatives, and to contribute towards poverty alleviation, job creation and economic growth.

Our task is to provide SMMEs and Co-operatives throughout South Africa with simple access to finance in an efficient and sustainable manner, by:

  • delivering wholesale and direct lending credit facilities or products;
  • providing credit guarantees to SMMEs and Co-operatives;
  • supporting the institutional strengthening of financial intermediaries, so that they can effectively assist small and micro-enterprises and co-operatives;
  • creating strategic partnerships with a range of institutions for sustainable small, micro and co-operative enterprise development and support;
  • monitoring the effectiveness and impact of our financing, credit guarantee and capacity development activities; and
  • developing (through partnerships) innovative finance products, tools and channels, to speed up increased market participation in the provision of affordable finance.

How We Work

Sefa partners with businesses it assist; creating partnerships is an important element of sustainable development strategy. It enables the agency to provide financial and business support to numerous small, medium, micro and co-operative enterprises throughout the country.

Small enterprises can also access Sefa’s products through any of its intermediary or partnership channels such as:

  • Commercial banks
  • Co-operative financial institutions (CFIs)
  • Micro-finance intermediaries (MFIs)
  • Retail financial intermediaries (RFIs)
  • Strategic partnerships and;
  • Structured Finance Solutions (SFSs)

SMMEs and Co-operatives can get credit facilities from R500 up to R15-million when applying through any of Sefa’s intermediaries or partnerships.

How to Apply for Sefa Funding

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.

Apply Online for Sefa’s Finance

Sefa Contacts Details

Head office:

Byls Bridge Office Park,
Cnr Olievenhoutbosch Street & Jean Avenue, Building 14 , Block D
11 Byls Bridge Boulevard
Highveld Extension 73
Centurion, 0157

 

Tel: 012 748 9600

Email: [email protected]

Fraud hotline:  0800 000 663

Regional Officies:

Please following the link below for different regional office contacts

https://www.sefa.org.za/contacts/regional

 

To help you get the most recent updates about Job Vacancies Anywhere, Don’t hesitate to like our Facebook Page and also subscribe to our mailing lists.

However, if you have any queries regarding the Small Enterprise Finance Agency -sefa Funding, kindly Drop A Comment below and we will respond to it as soon as possible. Or reach out at your convenience via Sefa Online Aid.

HOPE THE POST WAS USEFUL, PLEASE DO NOT HESITATE TO SHARE IT WITH FRIENDS!

Tags: ,

Leave a Reply

Your email address will not be published. Required fields are marked *