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October 29, 2009

Absa offers alternate funding for small businesses

Absa has set up a new R267.5 million funding initiative in partnership with six provincial government departments in a move which is expected to make a significant contribution to the growth of small businesses.



Absa Small Business' new funding initiative, called SME Fund, will provide a holistic financial solution to previously disadvantaged entrepreneurs who cannot access funding through traditional banking channels.

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Posted by StaffWriter at October 29, 2009 8:30 AM