Telkom muscles into banks' turf with business loans

the latest telecommunications operator to muscle into the banks’ traditional area of expertise, this time offering loans to small businesses.Telkom Lend offers an end-to-end digital process with zero paperwork, promising an answer to applicants in a fraction of the time it takes banks to provide loans to small businesses, it said.

Funding ranges from R20 000 to R5-million, depending on monthly turnover. Funding can be paid back over three to 12 months on a daily or weekly basis, depending on business cash flow, said Telkom Financial Services managing executive Sibusiso Ngwenya in a statement. “Money will be paid into the account once approved within 24 hours to use for various needs, including expanding a business, purchasing equipment or renovating premises.”

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

What’s Next — Makgosi Mabaso discusses Telkom Business Endless Fibre for SMBsMakgosi Mabaso meets with Aki Anastasiou to discuss how SMBs benefit from Telkom Business Endless Fibre.
แหล่ง: mybroadband - 🏆 11. / 67 อ่านเพิ่มเติม »

Telkom is now in the lending businessTelkom Business has launched Telkom Lend, a platform that enables small businesses to apply online for funding and get an answer within 24 hours.
แหล่ง: BusinessTechSA - 🏆 24. / 61 อ่านเพิ่มเติม »