Financial Support

The Gauteng Enterprise Propeller provides a unique and tailored financial support services that propel SMME’s into the mainstream economy, revitalizes township economies and grows the key economic sectors.

In the financial year 2019/2020 GEP will focus their financing mainly on short term contract loans of up to 12 months. The applicants will be allowed more than one funding application for a contract loan per financial year provided that the cessions of progress payments are in place.

FINANCIAL SUPPORT

The repayment term for the contract loans are linked to the duration of the contract and are usually up to 12 months.

INTEREST RATE

The interest rate charged on these loans will be fixed at 8% per annum.

LOAN FUNDING APPLICATION PROCESS

All applications for funding are done online using the GEP Online Application System. To access GEP services follow the step-by-step guide on how to apply online