Loan Size: R950 000.00
We also supported an entrepreneur who had a R1,9million purchase order through a tender from Rand Water to supply furniture and other office consumables. We provided funding for this client and helped them create a revolving facility for future purchase orders. This client was fully prepared with information and quotations, and resultantly our loan for his tender approved in a short space of time. It was also useful to note that the client had done lots of prior work with the water authority.