Vodacom Funding Application | How to apply, Vodacom Funding Application Form, requirements, and application closing date.
FAQs: Vodacom Business Funding Contact Details, Vodacom Funding Application Form, Startup Business Funding, Small Business Funding, Vodacom Loans, Vodalend Cash Advance R500, Vodacom business funding, How Do I Get Business Funding, Vodacom Contact Details
Vodacom Funding
Meaning of Funding
Funding is the act of providing resources to finance a need, program, or project. While this is usually in the form of money, it can also take the form of effort or time from an organization or company. Generally, this word is used when a firm uses its internal reserves to satisfy its necessity for cash, while the term financing is used when the firm acquires capital from external sources.
Sources of funding include credit, venture capital, donations, grants, savings, subsidies, and taxes. Fundings such as donations, subsidies, and grants that have no direct requirement for return of investment are described as “soft funding” or “crowdfunding”. Funding that facilitates the exchange of equity ownership in a company for capital investment via an online funding portal per the Jumpstart Our Business Startups Act (alternately, the “JOBS Act of 2012”) (U.S.) is known as equity crowdfunding.
Funds can be allocated for either short-term or long-term purposes.
Below are the full details on how to complete the Vodacom Funding application form and its requirements.
Vodacom
Let us fund anything your business needs
Whether you need to fund moving into a bigger office, buy equipment or property, or just get the cash flow you need to act quickly, we can make it happen.
To apply, your business needs to:
- Be located in South Africa,
- Make an annual revenue of R500 000+
- Have been in business for at least 1 year.
Here’s how it all works
- Apply Online: We just need some basic details about you and your business and we aim to get you approved in minutes. Or simply call us on 082 1960
- Get Your Decision: You will be provided a decision within minutes – no paperwork, no waiting, and no commitment. Then you can make a decision.
- Get Funded: Get the funds in your bank account within 24 hours and repay in standard installments. Or choose to pay early with no penalty fee!
Apply now and get the cash you need within 24 hours.
Frequently Asked Questions:
Do I qualify for business funding?
Our minimum requirements for funding are much less intensive than those of banks. All you need is for your business to be located in South Africa, make an annual revenue of R500 000+, and be in business for at least 1 year.
What do I need to apply?
You need to provide your business’s company registration number or VAT number if you’re operating as a Sole Proprietorship as well as your companies financial history. Your best chance of success is to link your company bank account through Yodlee or your accounting package through Xero or Sage One Accounting. At a minimum, you need to provide pdf copies of your last 3 months’ bank statements.
What Can I Use The Funding For?
You can use the funding for anything your business needs. This can be for bridging receivables gaps, managing cash flow, buying inventory and equipment, hiring employees, etc. Anything your business needs.
What Is Vodacom Legal Assist?
We give you access to the best legal advisors for your business legal needs – including telephonic legal advice on aspects relating to contracts, Labour disputes, debtors, applicable legislation and regulations, licensing, and litigation. Get it for FREE for the entire duration of your funding period.
How do I get in touch?
Need to get in touch with us? Call 087 057 2776 or email [email protected] and our Customer Care agents will assist you.
How to Apply for Vodacom Funding
Visit the Vodacom website Here
Vodacom Contact Details
Call us
087 250 2644
Email us
Please use the comment box below if you have ideas, edits, or concerns about this post, and do not hesitate to like us on Facebook, and don’t forget to spread the love.
