Small Business Finance and Support (SBFS) launched a new product that will provide financial and strategic support to Small, Medium and Micro-sized Enterprises (SMMEs) in the South African construction sector.

SBFS plays a catalytic role through offering financial and non-financial support that will accelerate the meaningful participation of SMMEs in the main stream economy. In pursuing its mission, SBFS offers a one stop shop for solutions to the challenges faced by SMMEs and primarily differentiates itself by its by a philosophy of not being a “lender” but a partner throughout the loan period and beyond.

Small Business Finance and Support (SBFS) offers financial and strategic support to Small, Medium and Micro-sized Enterprises (SMME’s) in the South African construction sector.

SBFS provides bridging finance and support to SMME’s working in the Eastern Cape, KZN, and on other national infrastructure development projects as contractors or subcontractors of larger, more established construction firms.

The objective of SBFS is to support sustainable enterprise development, specifically through the creation and conservation of SMME jobs by ensuring that SMME’s have access to adequate financial and non-financial resources. The organisations lending methodology is underpinned by the philosophy of not being a “lender” but rather as a partner throughout the loan period and beyond.

SMME’s play a critical role in the country’s economic growth and the expansion of South African public infrastructure. Key to sustainable enterprise development is the provision of adequate monetary and support mechanisms, which will create long-term prosperity for SMME’s, and for the country as a whole.

The SBFS brand essence is “Financing Sustainable Small Business”, which is an articulation of the “heart and soul” of our company.

Give a man a fish and he will eat for a day. Teach a man how to fish and he will eat for a lifetime. Proverb

At SBFS we have adopted this philosophy in our approach to financial lending. We see ourselves as more than just a loan service provider, we partner with our clients in paving the way for their best financial success.

We believe in empowering clients to ensure the sustainability of their business.

Our on-the-ground experience and niche focus on SMME bridging finance provides insight and specialist expertise in guiding our clients with sound advise. In an environment where businesses survive based on their ability to deliver, we get that time is money and money is the bridge between potential and fulfilment of a contract.

SBFS, financing sustainable small business.

In addition, SBFS seeks to cut back on red tape and putting the needs of SMME’s first by reducing unnecessary paper work which tends to have a negative effect and results in delayed turnaround times for SMME’s.

The offering will see SMME’s enjoying a quick turnaround in the approval of applications for finance, enjoying competitive interest rates and payment terms. SBFS offer cutting edge products and services, providing options for clients based on the size of the loan amount and the support requirement.

• 50 years collective on-the-ground experience with SMME bridging finance
• Specialist bridging finance focus
• Sustainable lender partner
• Turnaround 5-7 working days
• No tangible collateral required as surety
• Competitive interest rate of 15% per annum and low fees
• Integrated technical & aftercare support
• Financial advice, loan restructuring, business management advice, recommendation for corrective action for future use
• Business training & skills development