Resources and Forms
GET A COACH – ENGAGE PRIME CAPITAL BUSINESS SERVICES NOW
Prime Capital will assist you to apply for available grants and loans to assist businesses with the COVID-19 crunch. We will provide you with forms and help process applications. Where it is required we will do detailed sales forcasts, budgets and bank business plans and whatever else you need.
You need capital to survive and thrive – it will give you confidence and a business advantage.
SOUTH AFRICAN SMALL BUSINESS – COVID FINANCIAL ASSISTANCE LINKS AND FORMS
| Organisation | Form | Link to organisation |
| Standard Bank | SA Future Trust | https://www.standardbank.co.za/southafrica/business/covid-19/south-african-future-trust |
| Standard Bank | SMALL BUSINESS PAYMENT DEFERRAL:
None – payment deferred to 31 June 2020 for small businesses(<R20m) and small business owner’s personal loans |
https://www.standardbank.co.za/southafrica/personal/campaigns/covid-19?intcmp=coza-sitewide-alertbanner-personal-covid19site |
| Nedbank | SA Future Trust
Information on the SAFT (adminsitered by your bank only) Information link here https://opp-gen.com/saft/
|
https://www.nedbank.co.za/content/nedbank/desktop/gt/en/business/covid-Nedbank specific information – link |
| FNB | FNB App | Explanation of FNB assistance to businesses |
| ABSA | Payment relief plan – individual negotiation with each customer | Covid-19-payment-relief-plan explanation – no forms, bank driven |
| IDC | Industrial Development Corporation (IDC) together with the Department of Trade, Industry and Competition has set aside R3 billion to aid medical and hygiene product suppliers with capital to ensure they are able to meet the high demand during this Covid-19 pandemic. Essential services businesses will need to obtain approval from the department for approval to trade here: www.bizportal.gov.za | Essential supply only – explained in this link: |
| Business Partners – Sukuma Relief Fund (Rupert family fund) | Closed for now -almost 3x more applications than money available | Business Partners Media release |
| DTI | SMME Relief Finance Scheme Depart of Trade & Industry
Soft-loan funding for existing businesses in distress due to the COVID-19 pandemic. The relief will be for a period of 6 months, from 01 April 2020. Click here for the application process via www.smmesa.gov.za |
The application process is via www.smmesa.gov.za |
Many landlords, particulary the owners of many major retail malls, hve agreed to minimum rentals discount and deferral guidelines – see the annoncements here: Retail property owners association announcement
For access to Essential Permit forms and CICPlinks we recomment these excellent links from the Lowvelder:
Link to CIPC service to get an Essential Services Certificate for a Company or a Close Corporation: Guide to register an Essential Service
A form for an employee to work in an Essential Service business during lockdown period: https://lowvelder.co.za/site-data/uploads/sites/44/2020/04/Essential-Services-Permit.pdf
A service offered by Prime Capital Group. http://www.primecapital.co.za Copyright 2020
We will update the list as more information becomes available.
Prime Capital provides businesses with a service to make loan applications to commercial non-bank organisations. We are agents for commercial short-term finance houses and we can arrange an advance on credit card sales by retail businesses. We also do property finance.
Where bank applications for business loans are made – other than for a special COVID-19 assistance programme – then a business plan and financial projections will be required. Prime Capital can assist with this preparation, including financial projections and financial statements.
Call to discuss what you require.