1. Funding Info
  2. COVID-19 relief funds
  3. Banks/Private sector funds now closed

Old Mutual Insure COVID Support Plan

FUND DETAILS

Name of the fund                                                             

Old Mutual Insure COVID Support Plan

Fund administered by                                                     

Old Mutual

Type of relief/support                                                     

The relief offers Interest free loans, deferment of payments and reduced premiums 

Total size of the fund                                                      

R40m to assist qualifying SMEs

R10m to assist suppliers and service providers of Old Mutual

Who does the fund target? 

SMMES                                

Sector target                                                                 

All sectors                     

Minimum amount you can apply for                                         

Not stipulated 

Maximum amount you can apply for                            

Not stipulated

FUNDING CRITERIA FOR OLD MUTUAL INSURE COVID SUPPORT PLAN: 

Old Mutual Insure has set aside R40 million to assist qualifying SMEs, to remain solvent in these difficult times. These interest-free loans will be granted to qualifying businesses and will be administered by the Old Mutual Masisizane Fund in partnership with Old Mutual Insure.

ADDITIONAL INFORMATION FOR OLD MUTUAL INSURE COVID SUPPORT PLAN: 

Related Links:

Featured Articles: