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Month: April 2020

Financial aid for close corporations, companies and trusts

By Panashe Mlambo

Businesspartners is offering financial aid in the form of an unsecured interest-bearing loan of between R250 000 and R1 million coupled with a non-repayable grant of R25 000 per qualifying business. The loan portion will be interest free for 12 months with no repayment obligations during this period. The loan is repayable after 12 months and incurs interest at … Continued

Financial Aid For Formal Sole Proprietors

By Panashe Mlambo

Business Partners is offering formal sole proprietors, a grant of R25 000 per qualifying business to be used to pay for overheads. Who are formal sole proprietors? According to their website, formal sole proprietors are individuals conducting formal business in their personal capacity, such as personal services or consulting operations often employing more than two … Continued