Telkom is now providing up to R5m in funding for small businesses | Fin24

Telkom has unveiled an unsecured funding system offering small enterprises loans between R20 000 and R5 million, aimed at eliminating current red tape in business financing.

The digital service will see Telkom Financial Services compete in the growing sector of fintech disruptors that have emerged in recent years, offering hassle-free micro-loans to small entities. "Data is used to review the creditworthiness of businesses and speed up the funding process. The combination of technology and data analytics not only provides funding for businesses but is also driving financial inclusion while supporting economic growth," said Sibusiso Ngwenya, managing executive for Telkom Financial Services.

Source: News Formal (newsformal.com)

Fin24 They cannot deliver a letter but they can lend money

Fin24 Telkom Risk management can use my SME Business 'Plan KIT' successfully to evaluate unsecured loans of R500,000 to R5 million for small enterprises, by operating the User-friendly program of SMART Planning X.

Fin24 Huh? But they’re not a financial institution!!! .....puzzled?

Fin24 Thank you so much TelkomZA we appreciate this

Fin24 Meanwhile MTN wants to acquire Telkom?🤔

Fin24 CapitecBankSA does the same - apply today for a loan to start your own business, stop making your bosses rich !

Fin24 What's happening to banks?

Fin24 A fancy way of saying - we will give blacks more tax money from whites

Fin24 And Ramaphosa wants to sell our shares at TELKOM. You’d think the is a badly run company, government isn’t getting dividends

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