National Treasury’s latest economic policy includes small business funding measures that threaten to deplete much-needed finance for growing SMEs.
Even incredibly risky deals, like an insolvent SME, can get financed under the right circumstances and with the right investors.
Many business owners don’t manage their capital structure properly, and this can affect their ability to borrow money to continue growing.
In their eagerness to take advantage of non-repayable grant funding programs, many business owners overlook hidden costs and risks.
Most entrepreneurs aren’t aware that there are many private funders that specialise in SME finance and that are much faster and more flexible than a bank.