XPRS Capital Africa

26/06/2018

HOW TO MAKE SURE THAT YOUR BUSINESS STAYS CREDIT WORTHY
Despite South Africa’s economy showing signs of recovery, with the 2018 Budget outlining a number of measures to bolster the growth of small and medium enterprises (SMEs), businesses are still under significant pressure to finance their expanding operations.

https://bit.ly/2JL9qiB

22/06/2018

XPRS CAPITAL AFRICA BRIDGES FUNDING GAP FACED BY SOUTH AFRICAN SMES

Small and medium enterprises (SMEs) are a vital component of the South African economy. However, there is a substantial portion of the country’s estimated 650,000 SMEs that have no access to funding to assist in their continued growth

https://bit.ly/2JL9qiB

22/06/2018

Extra Capital can help your Business realize its Goals. Apply for funding today.
Click here to enquire: http://bit.ly/2Fq9fnt

04/06/2018

https://www.fin24.com/Entrepreneurs/Resources/why-profit-and-turnover-can-be-misleading-for-smes-20180502

It’s not easy for business owners to predict future financial challenges and irregularities that may negatively impact operating costs.

24/05/2018

Simon Leps, CEO at XPRS Capital Africa, gives tips on SME sustainability.

03/05/2018

Our CEO, Simon Leps, was interviewed for Entrepreneur Online recently.

https://www.entrepreneurmag.co.za/advice/funding/attracting-investors/xprs-capital-africa-bridges-funding-gap-faced-by-south-african-smes/

30/03/2018

How can we help you?

We deliver small business financing application decisions in minutes and funding in as quickly as 1 business day. Less paperwork and less hassle means more time for you to focus on your business.

Click here to enquire! https://www.xprscapital.co.za/apply

28/03/2018

Don’t Let this One Sales Fear Stand in your Way

“It’s a good idea to, in advance, consider any challenging questions which you may be asked related to your pricing and prepare your response.”

https://www.smesouthafrica.co.za/sales-strategy-pricing/

26/03/2018

22/03/2018

With the many obstacles you face as a future business leader, funding cannot be one of them.
We at will offer unsecured short-term loans of between R50,000 and R500,000 to approved businesses via an online application process.

Click here to apply: http://bit.ly/2FR9ivY

26/02/2018

As mentioned by Finance Minster Malusi Gigaba in the 2018 National Budget Speech delivered last week, the expansion of small, medium and micro enterprises (SMMEs) can help transform the economy. He stressed in his speech that SMMEs employ 47% of the workforce, contribute more than 20% of GDP and pay about 6% of corporate taxes.

Simon Leps, CEO of XPRS Capital Africa, says that due to the vital role that SMMEs play in the economy, the commitment made by Government to improve the operating environment for SMMEs is still insufficient. “An example of this is the enterprise development fund of R2.1 billion - announced in the 2017 MTBPS – only coming into operation in 2019/20.

“Over the past few years it has become very trying for entrepreneurs and business owners to obtain funding. The South African Institute of Chartered Accountants (Saica) SMEs Insights Report published in 2015 revealed that the greatest obstacle to the successful operation of sustainable and profitable SMEs is inadequate access to finance. Lack of funding and stringent lending regulations hinders SME growth and development and ultimately hamper growth of the sector. This is very worrying when one considers that SMEs employ a hefty percentage of the country’s workforce.”

A lot more needs to be done to support SME's in South Africa and this would need to come from the private sector as, with all the good intentions in the world, the government is not able to move fast enough to effect the change that is needed in today's environment.