| Size of the Fund |
R200 million |
| Geographical Spread |
National |
| Financing Period |
10 years (Maximum) |
| Minimum and Maximum |
R500 000 to R30 000 000 |
| Amount Funded |
100% Funding Available |
| Own contribution requirements |
Nil for the property transaction |
| Operating business |
- Must be in existence for 3 years
- Have a sound profit history
- Prove that operating business can afford the funding
|
| Pricing |
Based on the perceived risk |
| Viability |
- Affordability
- Viability of operating business
|
| Application documents |
- Annual Financial Statements of underlying business
- Details of property
- Business plan
|
| Business that qualify for the fund |
- Established underlying business trading for minimum of 3 years
- Occupy more than 50% of property to be acquired.
- Property must be a sound investment
|
| Exclusions |
- Residential properties
- Agriculture properties
|
| Purpose of the funding |
- Purchase of business premises to be occupied by the operating business
- Refinancing of business premises
|