Financial Support
Propelling SMMEs into the mainstream economy with tailored financial solutions
The Gauteng Enterprise Propeller provides unique and tailored financial support services that propel SMME's into the mainstream economy, revitalizes township economies and grow key economic sectors. Our loan terms are favourable to SMMEs. In addition, GEP provides grant funding to small enterprises not meeting the qualification criteria for loans.
Our Financial Support Products
Start-up Finance
Dedicated to helping SMMEs and co-operatives secure the finances they need to jump-start their business ventures.
Contract Finance
Caters for entrepreneurs and SMMEs who have secured contracts from government departments, public entities and private sector companies.
Note: Applicants are allowed more than one funding application per financial year provided that cessions of progress payments are in place.
Growth Finance
Assists viable existing businesses looking to expand their operations by securing additional capital.
Franchise Finance GEP
Assists with funding to acquire a new or existing franchise, as well as the much-needed working capital.
Micro-finance
Offers co-operatives, micro, very small and small businesses access to much-needed finance. Specifically geared towards start-ups and existing businesses that demonstrate growth potential.
Loan Funding Application Process
To access GEP services, follow the step-by-step guide on how to apply online at www.gep.co.za
You may also call us at: 087 057 2000 or email: enquiries@gep.co.za
Eligibility Requirements
To qualify, the SMME, CO-OPERATIVE OR START UP must:
- Operate in Gauteng and have its head office in Gauteng
- Be 100% South African owned
- Be trading for over a year
- Be registered with CIPC
- Be compliant with SARS
- Have a valid South African identity document
Informal Traders Requirements:
- Have a valid South African identity document
- Operate in Gauteng
- 100% ownership by a South African citizen
- Provide bank statements to prove operations
- Provide an original and valid trading permit (only permits or licenses issued by the municipality will be accepted, councillor letters are not valid)
- Be registered and compliant with CIPC and SARS (assistance available if not registered or compliant yet)
Required Documents
To apply, SMMEs must submit the following:
- Certified identity document copies of directors/members
- Business Profile
- 3 Months Bank Statements and management accounts
- FICA documents (e.g., Municipal accounts, letter from traditional authority)
- 6 Months Cashflow Projections – where applicable
- Management Accounts after investment if applicable (assistance available)
- Other type of documents may be required depending on the nature of the application
Township Economy Partnership Fund
A partnership between GDED, GEP and IDC supporting SMMEs in township economy sectors including Manufacturing, Taxi Economy, ICT, Backyard Real Estate and retail.
Learn MoreSMME Crisis Partnership Fund
R300 million debt fund for small businesses based in Gauteng townships. Loans from R500k to R1.5m for qualifying SMMEs with revenues less than R20 million.
Learn MoreGauteng Rebuilding Fund
Supports businesses that suffered losses due to COVID-19 and looting. 50/50 blend of loan and grant available on first-come, first-served basis.
Learn MoreReady to Apply for Financial Support?
Start your application online today or contact us for assistance