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What is alternative funding?

Bunny Majaja from HOT 91.9 FM, an NSBC Media Partner, interviews Sanele Gumede from ABSA about alternative funding for small businesses.

In this interview, Bunny asks Sanele about what alternative funding is and why it is a good option for SMEs. They also explore what documentation is needed to apply for alternative funding. Next., they discuss the importance of a bankable business plan and why it is important to banks for this to be an accurate representation of the business’ core should you wish to obtain funding.

They also have a look at what your personal credit profile has to do with applying for funding for business. They go on to discuss ways that can make you look more favourable in the eyes of the bank.

This interview is for the start-up who is looking for a way to fund their business goals.

Listen to the full interview here:

Tune into Business with Bunny on HOT 91.9 FM every Tuesday at 15:10.