Uplifting MSMEs with access to funding
Browse different funding partners and tap into our extensive network of funding opportunities for your business needs.
Partners
104+ Growth and Empowerment Solution
Powered by collaborative partnerships across the public and private sectors, the platform offers a comprehensive directory of funding, market access, training, and support services tailored to the needs of emerging businesses. By simplifying access to opportunities and enabling more inclusive economic participation, 104+ SMME Solution aims to unlock the full potential of South Africa’s entrepreneurial ecosystem.
What 104+ offers:
- Debt financing from a minimum of R10 million, structured around the South African prime interest rate.
- Preference given to businesses connected to the Sanlam ecosystem.
- Flexibility to withdraw funds at any time.
Requirements
- Be based in South Africa or elsewhere in Africa.
- An annual turnover under R200 million.
- B-BBEE/empowerment credentials are required, with preference given to businesses that demonstrate strong empowerment credentials.
- Commercially viable MSMEs, with a particular emphasis on MSEs.
- Must create jobs and deliver a positive social or environmental impact, in line with the overall growth focus.
- Funding is provided through debt instruments (senior, mezzanine, or subordinated), which may include interest or equity kickers.
- The target return is equal to the South African prime interest rate per annum.
- The minimum investment size is R10 million, though exceptions may be considered.
- Exposure is limited to 10% of total committed capital per beneficiary (up to 15% with approval), and 25% per entity or group (up to 35% with approval).
- Preference is given to businesses connected to the Sanlam ecosystem, particularly those leveraging Sanlam marketplaces.
Sanlam SANParks Rural SMME Programme
The objective of the Sanlam SMME Fund is to help SMMEs to fulfil their procurement commitments, which are impediments to economic participation, and in so doing, demonstrate the Sanlam Group’s confidence and commitment to the growth of the SMME sector, the creation of jobs and ultimately strengthening the economy.
Requirements
- SMMEs operating in and around South Africa’s national parks that have secured purchase orders within SANParks
Majority Black-owned SMMEs
- SMMEs that operate within 50kms radius of the park’s gates and with some parks it will be 100kms or 300kms radius depending on the park
Youth4Business
Requirements
- Open to South African citizens with a valid SA ID.
- Must own or co-own a business.
- Completion of the programme’s activities within the stated duration.
ASISA ESD Fund
ASISA ESD Fund invest in equity, debt, or combined structured deals of between R1m and R30m to support businesses requiring expansion capital to grow and create jobs and social impact.
Resilient Investment Fund
Requirements
- Needs to be an established SME with at least 3 years in operation and audited Financial Statements
- Loan size – R20m to R100m
- Ability to repay loan and interest over a maximum of 5 years
- Operations are not harmful to people or planet
IDF Capital
They offer a full spectrum of financing solutions across the business lifecycle: from short-term cash-flow financing and term debt for working capital, equipment, and expansion, to private equity and venture capital investments for high-growth and early-stage companies.
A full list of IDF Capital's solutions and eligibility requirements is available on their website.
