Didn't feel any tremors in Cape Town? Here's why
CT may expect some aftershocks from 6.2 earthquake
Zane Kilian charged with murder of Charl Kinnear
'It’s sad and awful! Judge Raymond Zondo sounds resigned and defeated'
SA economy: 'Manufacturing remains an engine of growth and must be prioritised'
'I inherited a department that already had a bad reputation' - de Lille
Elon Musk is R1.1 trillion richer than at the start of the pandemic
'SA cash economy about 60% of GDP, moving that to digital would be huge saving'
Retail Capital injects R500m into economy through Covid-relief for SMEs
Had a baby during lockdown? Researchers want to find out about your experience
Polycystic ovary syndrome affects more than just your ovaries
10 years later: Vanessa Goosen discusses life after Thai prison release
Upcycling bicycle inner tubes headed for dump into wallets and bike accessories
Govt has a plan to make major sports free to watch. MultiChoice is not happy
A bad week just got worse for Cricket SA as its forced to apologise for Tweet
Marc Lottering plays the soundtrack to his life on CapeTalk on Sunday at 10 am
South African Belinda Davids reaches semi-finals of Britain’s Got Talent
Social media: We are puppets. Especially our kids – Netflix documentary
SA drops to 10th place as Covid-19 infections surge in Spain and Argentina
Lockdown misery for domestic workers as salaries cut and living costs rise
[WATCH] Trump says supporters at rally blessed with 'good genes'
Long-term investment case for property in Africa remains intact
Demand for commodities used in lowering carbon emissions will certainly increase
Nigerian court sentences 13-year-old boy to 10 years in jail for blasphemy
Decriminalise the use of recreational drugs – Department of Social Development
Money lessons Covid-19 taught – heed them for a brighter, wealthier future
Need a loan to grow your small business? There’s a pot of money waiting
We provide loans [to small businesses]. We do not invest in them… Our average loan size is about R4 million…
Kumaran Padayachee, CEO - Spartan SME Finance
We don’t fund ideas. We fund a business that is already doing something viable, and they need capital to grow… There is more money than there are viable deals… People are not presenting themselves well…
Kumaran Padayachee, CEO - Spartan SME Finance
Spartan SME Finance provides finance for small businesses.
In 2019, it got R100 million from the SA SME Fund to bolster its R600 million kitty.
Spartan ringfenced half of the funding it got from the SA SME Fund Half for black African owned businesses.
Discovery CEO Adrian Gore and former Bidvest Chairperson Brian Joffe founded SA SME Fund.
Forty-eight JSE-listed companies bankrolled the Fund with R1.4 billion.
The Money Show’s Bruce Whitfield interviewed Kumaran Padayachee, CEO at Spartan SME Finance for his weekly “ShapeShifter” feature.
Listen to the interview in the audio below (and scroll down for more quotes from it).
We really scrutinise them very intensely, but very fast…
Kumaran Padayachee, CEO - Spartan SME Finance
They find us. We don’t have salespeople…
Kumaran Padayachee, CEO - Spartan SME Finance
Our bad debt write-offs are 0.25%... it’s nothing!
Kumaran Padayachee, CEO - Spartan SME Finance
We make our money on interest and fees…
Kumaran Padayachee, CEO - Spartan SME Finance
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:
This article first appeared on 702 : Need a loan to grow your small business? There’s a pot of money waiting
More from ShapeShifter
Amplats boss passionate about making a difference (and the smell of explosives)
'The pandemic is an opportunity for innovation'. Natascha Viljoen shares her life story and beliefs on The Money Show.
Read More
Together we are solving diabetes, one human at a time - online coaching platform
Personalised one-on-one healthcare is the answer to the problems diabetics face says Guidepost CEO, Graham Rowe.
Read More
SA needs 'the Madiba compassion' more than ever now, says Afrika Tikkun CEO
Marc Lubner on the NGO's programmes for young South Africans and how working with Nelson Mandela inspired his life's work.
Read More
'My single most important aim is for load shedding to disappear from face of SA'
The Money Show's Bruce Whitfield interviews Eskom interim chair and Health Ombud, Prof. Malegapuru Makgoba.
Read More
Shapeshifter: Springbok-turned-businessman, Bryan Habana
Former Springbok Bryan Habana about where he is at this point of his career.
Read More
Gloria Serobe (Solidarity Fund) is one of SA's most important people right now
The Money Show’s Bruce Whitfield interviews Solidarity Fund Chairperson Gloria Serobe.
Read More
Digital banks have started thriving
Technological advancements have made it possible for new banks to operate and flourish.
Read More
Meet Fortune Mojapelo of (London-listed) SA vanadium producer Bushveld Minerals
The Money Show’s Bruce Whitfield asks Bushveld Minerals founder Fortune Mojapelo to share his success story.
Read More
The Duchess - the story behind the world’s first non-alcoholic gin & tonic
Launched in 2016, The Duchess has won numerous awards and successfully broke into the UK, Belgium and the Scandinavian countries.
Read More
Still young(ish)? Entry-level jobs available on Lulaway’s employment platform
Lulaway has placed 30 000 young South Africans in jobs since 2011. Bruce Whitfield interviews its CEO, Jake Willis.
Read More
Highlights