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:
- Visit the Old Mutual Website at https://www.oldmutual.co.za/covid-19
- 0860 445 445/0860 222 252
Related Links:
- https://www.oldmutual.co.za/news/old-mutual-pledges-r50-million-towards-comprehensive-covid-19-response
- https://www.oldmutual.co.za/news/old-mutual-insure-s-covid-19-response-aims-to-strengthen-south-africa-s-long-term-risk-readiness/
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