Go offline with the Player FM app!
SME xChange Bounce back Loan Scheme
Manage episode 356006195 series 2661795
SME xChange
Bounce back Loan Scheme
Around June last year, government finalised its “bounce-back loan scheme” which is set to give businesses a cash injection to create jobs. The bounce-back scheme comprises two mechanisms - the first is a loan guarantee which facilitates loans guaranteed by government to eligible businesses. The loans will assist eligible businesses in recovering from constraints in accessing finance due to COVID-19 lockdowns, the July 2021 civil unrest and disasters like the floods affecting KZN.
The Small Business Institute says it expects Minister Godongwana tomorrow to give details and quantum of envisaged relief under the redesigned Bounce Back scheme to assist small firms to procure alternative, non-grid sources of electricity.
What’s the latest regarding this scheme?
John Dludlu
CEO - Small Business Institute
2253 episodes
Manage episode 356006195 series 2661795
SME xChange
Bounce back Loan Scheme
Around June last year, government finalised its “bounce-back loan scheme” which is set to give businesses a cash injection to create jobs. The bounce-back scheme comprises two mechanisms - the first is a loan guarantee which facilitates loans guaranteed by government to eligible businesses. The loans will assist eligible businesses in recovering from constraints in accessing finance due to COVID-19 lockdowns, the July 2021 civil unrest and disasters like the floods affecting KZN.
The Small Business Institute says it expects Minister Godongwana tomorrow to give details and quantum of envisaged relief under the redesigned Bounce Back scheme to assist small firms to procure alternative, non-grid sources of electricity.
What’s the latest regarding this scheme?
John Dludlu
CEO - Small Business Institute
2253 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.