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Small lender in Coega economic zone wants to help fill gap in South Africa’s finance market

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There is a R350bn finance gap for small and medium-sized businesses in South Africa, and a small lender which set up shop in a Coega special economic zone wants to help bridge this.

, can get a payout within days. “We have a three to five-day approval turnaround time, to payout, and that is our competitive edge on the market”, says Vincent Heynes, director of Coega’s Small Business Finance and Support programme.

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