Ndlambe Security
| Business Location: | Township |
| Province | Eastern Cape |
| Branch: | Nelson Mandela Bay |
| Business Start Date: | |
| Busniess Type: | Company |
Business Dynamics and Challenges
Business Activities:
Ndlambe Security (Pty) Ltd offers the following services-;
• Light duty Towing and Roadside assistance.
• Heavy duty Towing and Recovery.
• Fuel Delivery.
• Standard Vehicle Tire changes.
Challenges/Needs:
Ndlambe Security (Pty) Ltd approached Sedfa for assistance as they wanted to expand the business.
When Sedfa conducted a diagnostic assessment tool, the following challenges were identified:
• The company lacked financial strength to expand the business.
Intervention Insights and Results
Intervention Details:
To address the challenges above, Sedfa assisted Ndlambe Security (Pty) Ltd with facilitating the Asset Assist Programme grant funding application process and submitted all the compliances.
Outcome Details:
Sedfa intervention achieved the following outcomes:
-The turnover increased by 46% from R996 521.00 to R1 859 246.00.
-However, the employees stayed the same.
-The company received grant funding worth R234 000.00 for the trailers.
-The turnover increased by 46% from R996 521.00 to R1 859 246.00.
-However, the employees stayed the same.
-The company received grant funding worth R234 000.00 for the trailers.
Client Feedback
Client Comments:
"We are thankful Sedfa assisted us with trailers we have capacity to fulfill the client’s needs”
