Access to Development Finance for SMME's
Presenters : Don Mashele , Lungile Gasa , Wean Minnie
Overview
SMMEs generally struggle to access commercial credit and find themselves stuck in one place with very little or no prospects of expansion. To assist in this regard, government has set up institutions that are mandated to fund these small businesses, including co-operatives.
Because the accountant has a very important role to play in the survival and growth of SMMEs, we have brought together representatives from the Small Enterprise Finance Agency (SEFA), and the National Empowerment Fund (NEF), two Development Finance Institutions, to present their products.
Learning objectives
By attending this webinar you will gain the following competencies:
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Be influential in the growth and survival of your small business clients.
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Provide value-added services that are beneficial to client growth.
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Have knowledge of developmental funding products that are available to your SMME clients.
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Assist your SMME clients to access developmental funding.
Content
The webinar will cover the following topics:
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Who is SEFA?
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SEFA's mandate.
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SEFA's target market.
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Products on offer.
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How to apply for funding.
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The NEF structure and mandate.
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Types of funds within the NEF.
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Specific products and services.
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Sample of deals funded.
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Non-financial support provided.
