Finance has always been identified as a major factor in the development of the Small Medium Enterprise. Finance in any business or economic set up can be an enabling or inhabiting factor in the growth of businesses. While increasing product inventory or services remain one of the main avenues in which a business firm can raise liquidity, there are other methods such as acquisition of another existing business, offering franchise ownership, licensing intellectual property to third parties, pursuing new marketing routes, public stock offerings and employee stock ownership schemes.
One financial institution which has stepped forward to offer an extra avenue in raising business finance is Emikaspan. Emikaspan is a local micro lender which offers business loans to local and international clients with businesses in South Africa. Offering loan amounts from a minimum of R500,000 to R10 million, this micro lender has committed itself to assisting business people who have failed to obtain finance elsewhere, push businesses to the next level, get business dreams into reality and ultimately boost and renew lives.
To obtain credit from this flexible financier, one needs to be 18 years and above, have a green South African ID, show proof of ownership of business and income, present proof of residence and have a bank account where income is deposited and debit orders can be carried out.
Emikaspan can be contacted on 0110839599.