Mining Services Company Secures Dynamic Capital Funding From Edge Growth
Written by: BizCommunity Editor Save to Instapaper
This interest-bearing loan amounting to R1,500,000 will now help the business maintain a stable work environment as they continue to provide professional services to Impala Rustenburg.
Cash liquidity is crucial for small businesses to navigate the inevitable ups and downs of operations. Modwal Trading’s cash reserves had been impacted by working reduced hours in December 2024 and January 2025, making it more challenging to manage expenses and maintain financial stability during this period. After securing a lucrative long-term contract from Impala Rustenburg, the company needed assistance with funds, which presented an opportunity for the Dynamic Capital fund to support them as they transitioned into the new contract.
The Dynamic Capital Fund is a fresh new cutting-edge SME development solution from Edge Growth, designed to remove the growth constraints to scaling SMEs and tailored to meet their unique needs and strategic objectives.
Modwal Trading was founded in 2017 by Walter Marobe, who brings over twenty years of combined mining and construction knowledge and experience to the company, which is based in both Rustenburg and Thabazimbi. Marobe says the team from Edge Growth provided constant feedback and support on the financial assistance that the company urgently needed.
"The team at Edge Growth has been instrumental in our entrepreneurial journey. They provided us with consistent feedback and heartfelt support on the financial assistance that was crucial for our operations. Their commitment made a significant difference during a challenging time for Modwal Trading,” he says.
Founded in 2007, SME and venture fund manager Edge Growth specialises in the development of small businesses. The company drives job creation and real transformation by connecting corporates and entrepreneurs while helping SMEs overcome key challenges such as access to finance, markets, and skills.
“Facilitating one of Impala's first deals, which required urgency, was made significantly easier thanks to the seamless communication with the director of Modwal Trading and the excellent teamwork with colleagues,” says Mdu Thabethe, Dynamic Capital Fund owner at Edge Growth.
The Dynamic Capital Fund offers SMEs access to a variety of funding options (short, medium, and long-term) ranging from R150k to R7m, which are typically not available through traditional banks. It provides interest-free loans, capital for purchase orders, working capital, operational expenditure, small capex, and expansion capital. Additionally, the Dynamic Capital Fund incorporates SME-specific risk profiling and pricing to ensure affordability and supports businesses post-investment to help them scale independently.
Edge Growth is a leading SME and Venture Fund Manager, specialising in developing small businesses and creating jobs and real transformation by connecting corporates and entrepreneurs, growing SMEs by addressing their key constraints: Access to finance, markets and skills. Its offering consists of three service areas, designed to achieve maximum IMPACT:
- ESD Strategy for corporates and building SMEs in their value chain
- Investing in and growing SMEs through fund management
- Scaling businesses to full potential through accelerator programmes
If you would like more information, please contact Lelo Ndzimela at +27 10 001 3715 or email at moc.htworgegde@alemizdnl.
We submit and automate press releases distribution for a range of clients. Our platform brings in automation to 5 social media platforms with engaging hashtags. Our new platform The Pulse, allows premium PR Agencies to have access to our newsletter subscribers.
Latest from
- Google Invests In Africa’s Digital Future With Cable Infrastructure And AI Tools For Universities
- Reframing Africa’s Global Identity Discarding Outdated Labels To Embrace Local Realities And Strengths
- Forecourt Retail Emerges As Untapped Growth Engine Highlighting Rising Importance Of Convenience
- Engage Africa Conference To Empower Finance Professionals With AI ESG And Leadership Insights
- Amazon Celebrates Heritage Month By Showcasing Local Creativity At Shop Mzansi Pop Up Experiences
- Smego Pitchathon Awards R4.2 Million To 14 SMEs Showcasing Innovation And Growth Potential In South Africa
- Breakthrough Trial Suggests Higher Dose Of Semaglutide May Deliver Safer And Stronger Weight Loss Results
- African Manufacturers Push For Extension Of US AGOA Trade Programme Amid Uncertainty Over Renewal
- Canex Creations Incorporated Strengthens Leadership With Appointment Of Osahon Akpata As CEO
- Woman Leadership In Focus As Katlego Mahura Shares Six Key Lessons From Leading An Agency
- Republic Of Congo Strengthens Energy Future With Focus On Local Content At 30th Vendredis De Carrefour
- Nigeria Mining Week Strengthens Industry Ambitions With 10th Anniversary Celebration In Abuja
- South Africa Drives Circular Economy Shift With New Project Targeting Plastics And Packaging Waste
- Mentorship Transforms South Africa’s Wine Industry With 107 Black Owned Brands And 81 Black Owned Farms
- Safrea Stands Against Abuse Of Journalists Reaffirming Commitment To Media Rights And Protection
The Pulse Latest Articles
- Designing The Future Of Water: Hansgrohe And Axor Are Making Every Drop Count (September 16, 2025)
- Classic South African Desserts Reimagined For Modern Refreshment And Shared Tables (September 16, 2025)
- Beyond The Paycheque: A Practical Guide To Executive Compensation In Sa (September 16, 2025)
- Booty, Buff & Glow – Gloot’s Juiciest Drop Just Landed! (September 12, 2025)
- History In Motion: Springbok Women Embrace World Cup Quarterfinal Challenge (September 11, 2025)