Access to finance is one of the key challenges for startups, small and medium sized businesses in South Africa. FinFind @finfindeasy has released its first SA SMME Access to Finance Report (2017). The report maps the landscape of financial services, venture capital and development finance providers as well as the needs of those seeking business funding. The report goes on …

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The report provides insights into the supply and demand for SMME funding, and profiles the SMMEs seeking finance; by geographic location, turnover, age of business, sector, job creation, financial need and amount of finance required. It also profiles the funders and finance products, and then looks at how the supply and demand compare. Here are some highlights from their findings: …

[ Source: https://www.moneyweb.co.za/moneyweb-radio/finfind-data-informs-funders-assists-smes/ ]

[Source: https://businesstech.co.za/news/business/257663/how-much-money-people-say-they-need-to-run-a-small-business-in-south-africa/ ]

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Kathy Gibson reports from Sandton – While SMMEs lament the lack of funds available to them, investors battle to find investable SMMEs, creating a vicious cycle that results in a dire shortage of new small businesses and the resultant innovation they bring. The newly-released South African SMME Access to Finance Report seeks to uncover the real reasons for poor SMME …