The KZN Growth Fund targets projects and investments across many sectors in the province with the exception of residential property and sin industries (tobacco, gambling, etc.)

Sectors in which we provide finance include:

  • Transport and logistics
  • Manufacturing
  • Telecommunications
  • Power and energy
  • Health and education infrastructure
  • Agro-processing
  • Mining and mineral beneficiation
  • Any other sector, which may promote the objectives of the Fund, provided it satisfies the investment policy of the Fund.


  • Provide debt or equity
  • Competitive pricing starting from below prime depending on clients’ risk profile
  • Interest and capital repayment holidays of up to 2 years
  • A sculptured repayment profile
  • Loan term ranging between five and nine years
  • Project’s assets can serve as primary security
  • Cash flow based funding
  • Access to professional business networks that support our clients’ business success
  • Entrepreneurial approach which allows sufficient flexibility to respond to our clients' needs
  • Tailor-made solutions in line with the KZN Government’s call for job creation and BBBEE
  • Completely innovative solutions to finance any qualifying opportunities. This includes structured senior debt, mezzanine debt and equity products (including quasi-equity)
  • T&C's apply


  • Projects must have a sustainable economic impact in KwaZulu-Natal
  • Projects require a minimum of 40% BBBEE ownership or BBBEE score of at least 65 points (level 4)
  • Funding for capital expenditure projects (CAPEX)
  • BEE shareholders need to be operationally involved in the business
  • Projects must stimulate sustainable job creation and equitable distribution of wealth within the KwaZulu-Natal economy
  • Equity contribution of the promoter subject to cash flows and capital structure (minimum 10%)
  • Projects must be at an advanced stage of implementation (disbursement within 6 months of application)
  • We do not finance working capital