SPONSORED: Over R400-million has been given to businesses since the launch of StandardBankZA's 3-minute overdraft.
applications at the beginning of the year. It’s a bit of a slow period for SMMEs and they require large amounts of cash in the form of loans in order to keep running and provide quality service.
“While the holiday period brought a boost in revenue for businesses, slowed consumer spending in the beginning of the year brings about revenue challenges for SMMEs. With access to funding to cover any shortfall or inventory-related challenges, we are giving clients the power to capitalise on the busiest retail period of the year.”
“At Standard Bank, we dedicate time to understanding the needs of our clients and respond with appropriate solutions. It is in our interest to provide the tools to our customers to grow, as it contributes to upward economic momentum and supports our overall business imperative of driving growth on the African continent,” concludes Montjane.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Weinstein convicted of sex assault, rape in 'new era' for #MeToo - The Mail & GuardianHarvey Weinstein was remanded in New York's notorious Rikers Island jail after the jury of seven men and five women found the once powerful Hollywood producer guilty of criminal sexual acts. MeToo
Read more »
Partners aim to build a new society - The Mail & GuardianNelson Mandela University and the Nelson Mandela Foundation are collaborating to realise Madiba’s dream of building a new society.
Read more »
The Portfolio: Gilli Apter - The Mail & GuardianSouth African comedian, writer and director Gilli Apter speaks about how hilarious content requires constant writing and feedback from the comedy community.
Read more »
Audi A1 will put you in the red - The Mail & GuardianCAR REVIEW: The latest iteration of the Audi A1 has what it needs but lacks that special extra — something not even a fancy colour name can rectify.
Read more »
Democracy will flounder sans Stats SA - The Mail & GuardianAs the government bails out state-owned entities, it is leaving a hole in the budget of the agency tasked with telling us what South Africa looks like — one that is crucial to government decisions.
Read more »
Legend Manqele: Raising the bar his destiny - The Mail & GuardianLegend Manqele tells of how he went from walking Jozi’s streets for work to running an all encompassing media house, The Bar Group.
Read more »