sefa engages with retail financial intermediaries (RFIs) who provide financing solutions to small- and medium-sized businesses within specific markets and/ or sectors that are not serviced by sefa’s direct lending activities.
The business loans are flexible and structured to meet the financing needs of the RFI. Various equity instruments, including self-liquidating, may be considered as part of the investment strategy into the RFI.
The transactional limit for first-time borrowers will be dependent on need up to R100-million or in line with sefa’s counterparty limit. This may be increased with approval from the shareholder.
Securities for the loan may include first cession of the loan book, power of attorney over bank accounts, mortgage bond over property, guarantees from third parties, personal suretyships etc.