Over the years LIT partners have recognized the importance in supporting SME’s as well as those that have a startup company providing something unique be it a service or product , be it in manufacturing or providing a unique experience LIT has launched its LIT ( SIF ) arm where it seek to invest at the early stages of startups. LIT SIF and its expertise as well as its network provides a unique platform to not only gain funding but a supporting mechanism that will hand guide you to success each step of the way. LIT SIF advises that its funding requires the individual to sell a percentage agreed of the startup for the investment.
LIT SIF provide more favorable terms compared to other lenders, and believes in supporting the entrepreneur starting the business. LIT SIF are focused on helping startups take their first steps, rather than the possible profit they may get from the business.
Note that LIT SIF inject provide capital for startups in exchange for ownership and or equity and general guidelines for enquiries should note that LIT SIF has an expectation and therefore supports only those enquiries that have an Internal rate of return minimum of 20 – 30 % . Though this may seem too high for entrepreneurs with early stage businesses , we also recognize that banks are not available to provide such support as LIT SIF does noting the risk we will be required to carry.
Note that LIT SIF inject provide capital for startups in exchange for ownership and or equity and general guidelines for enquiries should note that LIT SIF has an expectation and therefore supports only those enquiries that have an Internal rate of return minimum of 20 – 30 % . Though this may seem too high for entrepreneurs with early stage businesses , we also recognize that banks are not available to provide such support as LIT SIF does noting the risk we will be required to carry.