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FNB offers additional help to assist SMEs with alternative funding

FNB has committed to helping small businesses with alternative funding support, critical business support resources, links to various government resources and private funding initiatives.

the bank has launched a portal under the “Covid-19 – For My Business” menu on the FNB App or Online Banking, where SME customers in need of help can register their requests for assistance. This will enable FNB to obtain information and present potentially relevant relief solutions.

“The first phase of alternative funding that we are excited to make available to SME customers via the portal is from the South African Future Trust (SAFT), a Public Benefit Organisation established by Nicky and Jonathan Oppenheimer to extend financial assistance to employees of South African SMMEs who are at risk of losing their jobs or will suffer a loss of income because of Covid-19,” said Jesse Weinberg, Head of the SME Customer Segment at FNB.

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