LoanB-BBEE Required
Absa Enterprise Development Loans
Absa Bank (Commercial Bank)
Overview
Special loans for black-owned businesses with better rates and easier approval. Part of Absa ESD programme.
Funding AmountR 100 000 - R 10 000 000
CoverageNational
Business StageStartup, Growth, Established
Full Description
Preferential lending for black-owned SMEs as part of Absa's B-BBEE commitments. Lower rates and flexible terms.
Eligibility Criteria
Min. Annual TurnoverR 500 000
Min. Years Trading1 years
Min. B-BBEE LevelLevel 4
Prepare Your Application
Increase your chances of success with these preparation resources.
Provider Guide
Learn about Absa Bank's application process
Document Checklist
Requirements and deadlines
Download Templates
Business plan, cash flow, projections
Legal Framework
Relevant legislation and compliance
Compliance Check
Verify your CIPC, SARS, B-BBEE status
Get Expert Help
Find a funding specialist
Pro tip:Run the Readiness Checker before applying. It identifies gaps in your documentation and helps you prepare a stronger application.