Browsing: Telkom Business

Telkom Business now offers small businesses funding up to R5 million within 24 hours www.theexchange.africa

Telkom Business has announced the introduction of Telkom Lend, a platform that will enable small businesses to seek money online and receive a response within one day.

  • Telkom Business has announced the introduction of Telkom Lend. This platform will enable small businesses to seek money online and receive a response within one-day
  • companies are now in charge of their own payments. With funding offers ranging from US$1,175 ( R20,000) to US$ 293,834 (R5 million ) based on monthly revenue, the money can be paid back over three to twelve months on a daily or weekly basis
  • The eligibility of applications is determined using Telkom’s proprietary automated scoring mechanism. This saves time and allows entrepreneurs to focus on their enterprises
  • Applicants seeking funding must have been in business for at least six months, have a monthly revenue of at least  US$1,763 (R30,000), and have at least three months of trading