Are you looking for funding – here is a resource of funding solutions you may want to consider:
Absa
The bank offers relevant information on its website about franchising as well as the various funding options being offered by the bank – Click here for more information
Head of Franchising
James Noble
Email address: franchise@absa.co.za
Franchise Division Contact details
Abigail Makhubele
Email address: Abigail.Makhubele@absa.co.za
Business Partners
Business Partners offers extensive information on the company’s website regarding funding as well as various other value-add services – click here to learn more about the franchise finance solutions being offered
Business Partners also offers a great tool to assist with the development and writing of a business plan – click here for more information
There is also an SME Toolkit website that deals with Accounting, Business Planning, Marketing, HR, Legal, Technology and various other important aspects for small business- Click here for information
Email address: enquiries@businesspartners.co.za
Telephone number: 011 713 6600
First National Bank
FNB’s information to assist potential business owners in the decision making process includes a handy checklist of the documents that FNB would require before an application for funding is submitted – click here to read further
First National Banks’s funding application form
National Franchise Manager Mornè Cronje
Email address: franchise@fnb.co.za
Telephone number: 031 907 8911
Mercantile Bank
Turnover of up to R75 million
Mercantile Bank offers businesses a specialised range of secure and user-friendly Business and Commercial Banking products and services. We adopt a niche approach to business and commercial banking and pride ourselves on being able to tailor our solutions to suit our client’s unique and evolving needs.
Our service has a personal touch and our teams are skilled, experienced and flexible. Pricing is transparent and we are committed to solution-driven service excellence across our operations, from our business centers to our high-tech dealing room.
National Franchise Manager: Riaan Fouche
Email address: franchising@mercantile.co.za
Telephone number: 011 302 0425
Nedbank
Nedbank offers information on the various funding solutions for franchising as well as various topics related to franchising – Click here to read further
National Franchise Manager at Nedbank:
Laurette Pienaar
Franchise division’s email address- franchising@nedbank.co.za
Standard Bank
Standard Bank’s team of franchising specialists are ready to partner with you to grow your franchise. For more information, visit our website
Contact: Franchising@standardbank.co.za
The Masisizane Fund
The Masisizane Fund is a non-profit funding entity. The fund is an Old Mutual initiative that was established in 2007. The fund offers development finance and business support.
The Key Initial documents for franchise funding applications have been published on the fund’s website requirements-
Click here for Initial documents
Contact: NDlamini@oldmutual.com
Phone number: 039 727 8100
Additional Funding Options
The following funders have not shown their direct support of the franchise industry as these companies are not service provider members of the Association but it is understood that they do offer funding to qualified applicants.
National Empowerment Fund – Click here
Sefa – Click here
National Youth Development Agency – Click here
Gauteng Enterprise Propeller – Click here
Eastern Cape Development Corporation – Click here
Lulalend – Click here
