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Vumela


Call us on: 087 736 2000

Email: heather.lowe@fnb.co.za

Vumela Enterprise Development


Building the nation one SME at a time

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.

What this is


Filling the gap

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


  • BEE capital
  • Growth finance
  • Expert growth support/intensive business development support
 
 

Who this is for


Developing all businesses


Vumela Enterprise Development applies to both early stage ventures as well as more mature expanding businesses.


These are businesses that are:


  • Too large for microfinance
  • Don't meet traditional credit criteria in terms of collateral + balance sheet requirements
  • Too small or early stage for private equity, and don't generate the exceptional returns that venture capital seeks.

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.

Getting it made easy


Vumela Enterprise Development

How to get it

Call me back

Other ways to apply

Get in touch

Documents needed

  • Application form
  • Detailed business plan
  • Historical financials

View the website