Homelink Finance Services has set aside over US$10 million to enhance the export capacity of small to medium enterprises (SMEs) this year. This is also expected to boost the competitiveness of SMEs products on both the domestic and international markets.
Homelink Finance Services sales and channels manager Sibusisiwe Mashoko said the lender was committed to capacitating the emerging SME sector to enable it to penetrate the export market and increase its contribution to the economy.
“SMEs have orders for exports but fail to meet such due to lack of financing and we want to increase their capacity by providing affordable loans,” she said.
