The process for applying for funding is as follows:
- Complete the application form and submit a business plan.
- A site visit and due diligence exercise will be conducted.
- Submission to Credit Committee for approval or rejection.
- If approved, completion of loan application form.
- Applicant approves and signs the loan quotation.
- Loan agreement and surety is signed.
- Loan covenants are undertaken and signed by the enterprise.
- All legal documentation and conditions checked and confirmed.
- Funds are released directly to suppliers.
- Post disbursement support is given.
- Repayments are collected via debit order.
- SME submits monthly reports, including financial information.
Download the Masisizane Application Form.