The new office will service the region’s fast-growing and diverse SME sector, and aims to allocate a R100 million of funding to SMEs in the region during the next year. This will be the company’s fourth branch in the region, with already established offices in Westville-Durban, Pietermaritzburg and Richards Bay.
Kevan Govender, area manager at Business Partners Limited, says that despite the challenging economic conditions, the company believes that there are sufficient viable SMEs present to warrant a rather aggressive approach towards SME financing in the region.
He says that that Umhlanga is fast becoming an economic hub in South Africa, and is touted to be the Sandton of Durban. “Many larger businesses and head offices have or are moving to Umhlanga, and it is these very businesses that we seek to service.
“Business Partners Limited has already established a solid base of clients that operate within the area, and the potential growth made the decision to open a new branch easier. It also makes sense for us to be closer to the market – not only will we be more aware of the developments in the area, but we will also be more accessible to our clients,” concludes Govender.
The BUSINESS/PARTNERS Umhlanga branch is located at the Ridgeside Office Park. Contact number: 031 566 5626. For more information, please visit: www.businesspartners.co.za