Top Media & Communications

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Sudáfrica

Top Media & Communications

Lulalend

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With a loan of EUR 44,250 Top Media & Communications will be able to finance further growth and help more companies get media exposure.

€44,250

Importe

3.75%

Interés

12 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€44,250
Interés	3.75%
Vencimiento	12 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 1 día.en 17 Septiembre 2019.

El proyecto

25 years ago, in a new democracy, Top Media and Communications launched Topco with the aim of giving the best South African companies the market exposure they deserved.

At a time when professional business directories and events were still nascent, they set out to research, identify and showcase top-performing companies to each other, to local and international investors and to key decision-makers in government.

Their mission was to promote and award these companies but, in doing so, they further sought to grow an informal network in which the country’s thought-leaders would talk, exchange ideas and form meaningful partnerships to tackle economic challenges and grow South Africa’s prospects as a global competitor, for the good of all her people.

Nombre de la empresa	Lulalend
Director general	Haley Fletcher
Fundado	2011-01-01
Ubicación	Western Cape
Sector	Servicios
Volumen de negocio	€1,275,240.58
Empleados	65

Impacto

More than 40% of SMEs in Africa mention the lack of financing as the major factor limiting their growth. To help overcome this challenge, Lulalend offers access to funding to SMEs in South Africa by delivering working capital within 24 hours through their automated online platform.

Easy access to working capital increases productivity and job creation, both necessary conditions to reduce poverty. A formal job creates impact on income and enables regularity of wages, allowing a family to plan for the future, save money, and improve access to credit, housing, and children’s education. It can lift unskilled workers out of poverty and allow skilled workers to enter the middle class. Therefore financing SMEs with growth potential is one of the key ingredients for inclusive growth.