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The ultimate Finance solution provider
Cede Capital is a business that assists SMMEs with finance to execute government and Blue Chip orders by purchasing material/stock on their behalf from suppliers.
Our business structure is flat and our processes allow us a shorter turnaround time as compared to traditional financing institutions. We are able to assist a customer within 5 days of application for assistance.
Following the government’s drive to promote black-owned enterprises through the disbursement of tenders and small orders to the general public, there has been an increase in the uptake on the SMME front. However, most of these small businesses do not have the financial muscle to execute the orders awarded to them. Government’s solution to this (e.g. SEFA) take too long to respond, while banks and other financial institutions will not assist due to the perceived risk of non-payment by the government.
Most SMMEs struggle with access to finance in general due to not meeting the requisite requirement by financiers, e.g. trading history, owner’s contribution, relevant skills, financial statements, lack of processes and controls, etc.
The Management Team
The Management team comprises of Tshepo Mpete (CEO) and Reuben Mushaike (CFO). Both Tshepo and Reuben are MBA graduates from Gordon’s Institute of Business Science, graduating in 2014. Tshepo has vast experience in Supply Chain & Logistics and has held senior positions in companies like SAB, ABI, Unitrans, UTI and Imperial. Reuben is a qualified accountant (ACCA) with experience across numerous industries.
Business Development Executive
Supervisor & Sales