Finfind’s Brett Nadasen on “Innovative Financial Solutions”

Finfind’s Business Development Manager, Brett Nadasen recently participated in a panel discussion on “Innovative Financing Solutions” at the SME & Africa Financing Forum 2018, a parallel event to the Africa Investment Forum. The discussion also touched on the relevance of technology to African SMEs and society. The other panellists were: Vanessa Moungar: Director of Gender, Women and Civil Society – …

Venture Central – a Digital Home for South Africa’s Entrepreneurs

South Africa’s entrepreneurs need a home – a centralised national portal that aggregates all the resources. This is Simodisa’s new Venture Central. Now more than ever has there been a greater emphasis on entrepreneurship, its impact and its ability to contribute significantly towards creating jobs and growing our economy.  However, the current South African entrepreneurship ecosystem is facing significant challenges. …

Download SA SMME Access to Finance Report

Finfind’s inaugural ‘SA SMME Access to Finance Report’ was launched on 10 July 2018 in Johannesburg. The report analyses a unique data set, provided by Finfind, of SMME funders and SMMEs seeking finance. It was sponsored by the SA SME Fund and identifies access to finances challenges, gaps and potential solutions.  The Finfind 2017 cleaned data sample of 11 033 …

Elon Musk: Taking Risks and Changing the Status Quo

By Darlene Menzies, CEO Finfind I just listened to a thought-provoking and encouraging interview with Elon Musk. Short video clips are my favourite way of consuming information. I’m sure there are differing views about Elon, there usually are when it comes to pioneers, disruptors, radical thinkers, paradigm shifters, revolutionaries – those who challenge and change the status quo. Whatever your …

State of Entrepreneurship in South Africa

The number of youth entrepreneurs in South Africa may have dropped, but it is notable that more than 50% of entrepreneurs are youth. Also notable is the rise in the number of female entrepreneurs. More than half of the South Africans who run their own businesses are youth, according to the Real State of Entrepreneurship Survey 2017, undertaken by the …

How To Finance The Equipment That Will Build Your Business

By Darlene Menzies  Aug 17, 2017 Growth takes money. This is a simple fact of doing business. The trick is to spend that money in the right way. To protect your cash flow, financing your growth is often the best solution. There are a number of reasons why growing businesses may need to raise finance, from bridging a temporary cash flow situation …

How to Prepare yourself for an Investor: a Guide

A recent survey found that many South African entrepreneurs needed help with things such as Real State of Entrepreneurship Find out more about how to prepare yourself for an investor, here. Brand South Africa reporter Funding is one of the challenges faced by many entrepreneurs in South Africa. In the Real State of Entrepreneurship in South Africa 2017 survey, many …

Staying Afloat when Cash is Tight in your Business

The bad news in the SME market in 2016 was that 67% of small businesses that closed in South Africa did so for financial reasons. This is a far more pressing problem for local entrepreneurs compared to their regional counterparts, with 50% more South African entrepreneurs discontinuing their businesses due to a lack of access to finance compared to the …

Small Business, Big Money

If one were to imagine an online dating service for money and business – minus the selfies enhanced with the appropriate filters – FinFind would be it. The innovative online platform connects small and medium-sized enterprises (SMEs) in search of funding with finance providers that match their specific finance needs – whether it be grants, debt or equity. It is …