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Which industries does Tender Capital fund?Tender Capital funds SMMEs in a variety of industries. The Funding decision is chiefly influenced by the viability of the projects being undertaken by the SMMEs.
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Does Tender Capital fund start-up companies?Tender Capital only financially assists entities with a trading record of one year or more.
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Can exceptions be made for SMMEs with an annual turnover of less than R1,5 million?"Yes, there are special cases where the requirement may be relaxed.
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What is Tender Capital’s Funding mandate?Tender Capital only funds projects/ purchase orders with a minimum commercial value of R250 000 and a maximum of R 2 500 000, 00.
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How long is the Application-to-Funding disbursement turnaround time.Generally, an application-to-funding disbursement turnaround time ranges between three to four weeks depending on project complexity.
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Does Tender Capital require collateral/security for the Funding advanced to SMMEs?No, it does not.
Frequently Asked Questions
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