By providing SMEs with appropriate finance and/or fitting strategic and operational support they would not normally have access to, it is possible to unlock their potential and help them grow.
FNB Commercial, together with Edge Growth, manage the Vumela Enterprise Development Fund and through it makes equity investments into high growth SMEs currently struggling to access finance through traditional channels.
Growth finance of this nature is challenging to access in the SA economy as it falls into the 'missing middle'.
Vumela Enterprise Development offers
Vumela Enterprise Development applies to both early stage ventures as well as more mature expanding businesses.
These are businesses that are:
FNB Commercial actively works with its investees to ensure the growth of these businesses to achieve the objectives of sustainable job creation and related social impact.