Protect your business

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The slowdown of economic activity  experienced  even prior to the COVID-19 outbreak has resulted in businesses facing severe financial difficulties. Protect your cash flow.

Trusted advice

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By assisting you to access the financial relief that is available. We can help to mitigate liquidity shortages and avoid unnecessary bankruptcies.


What is this relief?

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Have questions?

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  • Is this a loan? -  The TERS Fund that we represent is not a loan nor is it the fund that was set up for the COVID-19 pandemic
  • What is this relief? - It is a grant available to your business provided that your company meets ONE of the requirements according to audited 2019 and 2020 financials, and 2021 management accounts.
  • Why has my HR or FD not suggested this remedy? - It is a complex application process to manage, and not easy to administer. Launched in 2009 as a result of the 2008 recession, it is not widely known.                         

Trusted advice

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We have put together a team of experts – and can conclude the application - with assistance from your appointed representative, within 6-8 weeks provided that your financials and levies are current. Please note: We are only able to assist companies with more than 50 employees. Our team has appointments scheduled during the upcoming months with the Fund which reduces our waiting time and prevents back-logs. We ensure that applications are not delayed because of lack of supporting documents, and our applications are seldom delayed because we meet compliance requirements with supporting documents prior to the application. 

Protecting Staff

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The grant can be applied in part to the re-skilling and/or upskilling of your employees – either according to your current Skills Development Plan, alternatively our Skills Development specialists will help you to prepare something suitable. Whilst you may allocate the grant to any area of your business (not only payroll), you may not retrench during the period of active grant receipts.

This grant is is aligned to your current Skills Development plan.

Receive much needed cash

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You have paid Skills Development levieshave Skills Development Plans in place, and part of the grant is allocated to re-skilling and up-skilling your staff - you are entitled to this support

You can access 60% of the maximum of R17 242 per staff member in cash. 100 employees on an average salary of   R10 000 per month therefore equates to R600 000 cash received per month, for between 3 and 12 months depending on viability and sustainability of your business.

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