FNB said on Monday it received more than 12,000 qualifying SAFT applications from businesses
The SA Future Trust , the brainchild of Nicky and Jonathan Oppenheimer to help distressed small businesses survive the lockdown, has exhausted its available resources of R1.125bn
Applications were processed through the country’s largest banks, allowing the trust to disburse the funds in a period of six weeks from inception. The Oppenheimers donated R1bn to the trust, which will be used to assist and help grow small businesses once any funds are repaid.
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