Epilite207 Pty Ltd
| Business Location: | Urban |
| Province | Eastern Cape |
| Branch: | Nelson Mandela Bay |
| Business Start Date: | |
| Busniess Type: | cc |
Business Dynamics and Challenges
Business Activities:
The company’s service range includes, but is not limited to:
• Construction, general building maintenance, repairs, renovations, grass cutting and landscaping.
• Staff Transport, daily transport for retail sector employees, contract-based shuttle services.
• Plant Hire, Trucks (tipper, flatbed, Lifting equipment (cranes, forklifts).
• Supply & Delivery of construction materials, logistic support for public and private sectors projects.
Challenges/Needs:
Lack of access to finance
Intervention Insights and Results
Intervention Details:
To address these challenges, Grandirex CC sought assistance from SEDFA and was supported by Thabo Ngwadla, Business Advisor at the Nelson Mandela Bay Branch, who conducted an assessment of the business. After identifying key gaps, he recommended a series of interventions to help move the business forward.
Mr. Masixole Ntombana successfully applied for the Asset Assist Programme, which provided the necessary financial support. This assistance enabled the business to acquire the required equipment and improve its operational efficiency
Mr. Masixole Ntombana successfully applied for the Asset Assist Programme, which provided the necessary financial support. This assistance enabled the business to acquire the required equipment and improve its operational efficiency
Outcome Details:
Through SEDFA’s business support, the business achieved the following results:
The Asset Assist Support Programme (AAP) application was approved for R247 599 00, enabling the purchase of an additional equipment and increased delivery capacity.
Access to finance provided the business with greater exposure in the local market, allowing it to service a larger client base.
Business turnover increased from R2 225 213 to R2 267 067.
Employment grew from 15 to 25 permanent staff members
The Asset Assist Support Programme (AAP) application was approved for R247 599 00, enabling the purchase of an additional equipment and increased delivery capacity.
Access to finance provided the business with greater exposure in the local market, allowing it to service a larger client base.
Business turnover increased from R2 225 213 to R2 267 067.
Employment grew from 15 to 25 permanent staff members
Client Feedback
Client Comments:
Thank you, SEDFA, for helping our business grow. SEDFA’s investment in our business has been extremely significant, allowing us to expand our brand, improve our capacity, and increase our turnover!"
