This resulted in many small enterprises having to reduce business activity, lay off staff and some having to close their doors completely.
“Applying for business funding should be easy for the applicant and processed in the shortest time possible,” says Mkhize. This is why Absa provides 24/7 support, a branch network and small business bankers across the country. Mkhize says this initiative will grow the bank’s ability to help co-solve problems and help businesses to rebuild and grow.
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