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Ithala strives to finance projects and businesses that are profitable and sustainable over the long run. We believe that it is irresponsible to overburden our clients with debts that they will be unable to pay.
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We also finance projects that will have a positive development impact in the form of
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Job creation
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Levels of wealth creation
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Black empowerment
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Provision of rental space to medium sized businesses
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new technologies and skills introduction.
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Beneficiation of South Africa’s raw materials, export and/or import replacement, the multiplier effect of the project and level of foreign investment to be generated.
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Ithala also believe that the entrepreneur should be committed to his business to ensure its success. To do this we encourage our clients to contribute something in the form of cash or assets to the business.
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Whilst we understand that most of our customers do not have assets or cash to contribute to their businesses, Ithala does finance certain projects or businesses 100% at it own discretion.
Pricing
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