SME Finance with Khula Finance Limited

Khula Finance Limited specialises in the financing of businesses in the small, micro and medium sized business (SMMES), which are just starting out.

Khula Enterprise Finance Limited has built a long term presence since its establishment in 1996. And direct financing is offered via intermediaries that have excellent reputation and long-term presence in the South African financial market. Such as New Business Finance, Business Partners and Cape Capital and leading retail banks in South Africa (SA) like Nedbank, Standard Bank, Absa and FNB.

As Khula Finance Enterprise Limited is a company created and run by the Department of Trade and Industry of the Government of South Africa. The company does not provide and manage business loans. Its job is to facilitate the loans provided by commercial banks to SMME. It does this by compensating the lenders for the losses which they incur in case the business borrowers are unable to repay their debt.

Khula is for those businesses with a well-established business plan wanting to grow and develop their company in SA. And need financing to do so. And since the Khula business loans are virtually backed by the government, they are among the most dependable and most easily accessible to businesses in the small to medium sized industries.

You will be able to borrow between R10 000 and R3 million. Generally, you can get sufficient finance for investing in all kinds of capital goods and for cash flow management as well.