The Vumela Enterprise Development Fund Vumela 3.0 Purchase Order Finance

Purchase order finance

INVESTMENT SIZE & HORIZON
R300k to 5m | 0 – 6 months

SIZE AND STAGE OF BUSINESSES
Rev: R0-R50m
Very early to late growth stag

PURPOSE OF FINANCE
Purchase order finance

BEE/TRANSFORMATION
Must be >51% Black-Owned

FR SUPPLY CHAIN ALIGNMENT
Must be direct supplier of a FirstRand Group company OR a supplier of a direct supplier to the FirstRand Group

SECTOR
No mandatory sector requirements

DEAL STRUCTURE
Loan with profit share

The Vumela Enterprise Development Fund Vumela 3.0 Supply Chain Debt

SUPPLY CHAIN DEBT FINANCE

INVESTMENT SIZE & HORIZON
R1m to R10m | 3 – 5 years

SIZE AND STAGE OF BUSINESSES
Rev: R5 – 50m | Early stage growth phase Strong preference for businesses with supplier contracts

PURPOSE OF FINANCE
Capex strongly preferred. Working capital or Opex, provided there can be some form of surety

BEE/TRANSFORMATION
Must be >51% Black-Owned

FR SUPPLY CHAIN ALIGNMENT
Must be direct supplier of a FirstRand Group company OR a supplier of a direct supplier to the FirstRand Group

SECTOR
No mandatory sector requirements

DEAL STRUCTURE
Debt

Vumela Enterprise Development Fund Vumela 3.0 Middle Icon
The Vumela Enterprise Development Fund Vumela 3.0 Transformation Equity Finance

TRANSFORMATION EQUITY FINANCE

INVESTMENT SIZE & HORIZON
R10m to R30m | 5 years

SIZE AND STAGE OF BUSINESSES
Rev: >R20m | Mature businesses seeking transformation for further growth

PURPOSE OF FINANCE
Shareholder buy-outs

BEE/TRANSFORMATION
Must be >51% Black-Owned post investment. Vumela equity is BEE

FR SUPPLY CHAIN ALIGNMENT
Must be direct supplier of a FirstRand Group company OR a supplier of a direct supplier to the FirstRand Group

SECTOR
No mandatory sector requirements

DEAL STRUCTURE
Equity

The Vumela Enterprise Development Fund Vumela 3.0 Growth Equity Finance

GROWTH EQUITY FINANCE

INVESTMENT SIZE & HORIZON
R10m to R40m | 5 – 6 years

SIZE AND STAGE OF BUSINESSES
Rev: >=R5mn | Preference for businesses that are cash flow positive, profitable or approaching profitability

PURPOSE OF FINANCE
Capex, working capital or opex with a small proportion going to shareholder buy-outs

BEE/TRANSFORMATION
Must be >51% Black-Owned post investment. Vumela equity is BEE

FR SUPPLY CHAIN ALIGNMENT
None

SECTOR
Focus areas: Education, Healthcare, Digital Inclusion, Green Economy

DEAL STRUCTURE
Equity

Apply for funding

Vumela’s 3rd fund is seeking majority black-owned businesses with turnover of less than R50m that operate in the FirstRand supply chain

Get Funded