Business Partners Limited focuses on SMEs during its 40th anniversary milestone

“The positive role that small and medium enterprises (SMEs) play in the local economy has been raised time and time again and is largely undisputed. From providing employment opportunities to solving business challenges, these businesses can offer an innovative and agile approach often lacking in larger companies.

“Business Partners Limited is proud of the contributions made to the SME eco-system, albeit more remains to be done. 2021 marks the company’s 40th anniversary, and to date Business Partners Limited has provided R20b in finance to South African business owners via more than 71 000 transactions, which has in turn assisted in facilitating over 671 000 jobs in the country.

“Over the past 40 years, some of the key challenges facing the industry have remained, and are even more pressing today as SMEs battle to survive the current pandemic.

“As a business, our responsiveness has contributed greatly to us remaining relevant over four decades. With the disruption caused by Covid-19, we have had to respond to what our clients tell us and introduced a variety of relief initiatives aimed at SMEs.

“As we look to the next 40 years, our ambition is to continue supporting and financing SMEs by innovating and being responsive to the needs of entrepreneurs. We will support them as they build and grow their businesses, and in the process add economic and social value through wealth creation, contributions to tax revenue and job creation in our country,” Schutte concluded.