In his budget speech on 24 February 2016, Pravin Gordhan confirmed that applications to the value of R12-billion has been approved by The Jobs Fund. The franchise industry is part of that R12-billion and in conjunction with Business Partners, SA Franchise Warehouse is proud to announce that grant funding has been negotiated for qualified BEE franchisees who wish to enter into partnership with existing franchisees for new outlets within established franchised networks. The objective is to encourage partnerships between existing experienced franchisees within stable franchise networks and a BEE operating partner. The own contribution requirement for the funding of a new outlet will be 10% of the set-up cost of the franchise, and the 90% funding will be a blend of a commercial loan and grant funding from The Jobs Fund. Although the grant is ultimately repayable, it attracts no interest and only has to be repaid once the commercial loan is paid in full, regardless of the loan term...

SA Franchise Warehouse Funding Solutions The SA Franchise Warehouse funding initiatives in association with funding partners, sefa , Kagiso Trust and The Jobs Fund (administered by Business Partners ) is aimed at assisting would-be franchisees whose own cash or collateral contribution does not meet commercial funding criteria. Would-be franchisees with an own contribution equal to 25 percent of the total set-up costs will be able to apply, provided all other qualifying criteria are met and that applicants have successfully completed the SA Franchise Warehouse Small Business Management Training course. This course in not a mere formality and candidates are trained and assessed on their aptitude and ability to acquire and implement the skills necessary to own and operate their own business. Funding is only available for franchise business systems that have been accredited by SA Franchise Warehouse in terms of the requirements of the participating funders. It is important to r...