SME FUNDING
Enterprise Development
SPANA PROGRAMME 2022
Township Fleva presents an exciting opportunity for Township-based entrepreneurs.
Access to funding is a challenge for township entrepreneurs.
Township Fleva has partnered with ABSA Bank’s Spana Programme 2021 to finance existing township businesses, successful applicants having access to a loan in addition to coaching, mentorship, and training.
If your business has been operating in excess of two years, has a positive credit record, and can show proof of income or a purchase order or contract proving prospect of income, you could qualify for a loan of up to R50,000.
Applicants must be compliant with statutory requirements such as CIPC registration, tax clearance, B-BBEE affidavit etc.
THE PROCESS