Accelerate Loan for Early-Stage Businesses
FNB Vumela Fund
Loan
Rapidly accessible funding for early-stage/seed businesses in enterprise development programmes
Key Information
Funding Amount
R100k to R2m, 3-month to 3-year term, 5% interest (reducible to 0%)
Provinces
All Provinces
Categories
Early-Stage
Seed Funding
Last Updated
N/A
Funded Industries
All sectors
Eligibility Criteria
- Majority black-owned businesses
- Revenue +R1m p.a. and less than R50m p.a.
- Participant in ESD programme sponsored by FNB or managed by Edge Growth
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