Surveys indicate that one of the major reasons for small/medium businesses (SMEs) going out of business is cash flow issues.
SMEs are the most powerful generator of jobs in the economy and thus their financial wellbeing is extremely important.
In South Africa there is no large scale venture capital or private equity industry. Government do offer incentives but they are not well marketed and can be difficult to access. That leaves the major banks and one or two other funders.
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