Loan

GENFIN Business Loan

GENFIN (Development Finance)

GENFIN Business Loan is a loan from GENFIN offering between R 100 000 and R 3 000 000 for businesses at any stage across South Africa. Applications are accepted on a rolling basis.

Overview

GENFIN lends R100,000 to R3 million over 6 or 12 months to registered businesses trading at least a year with around R100,000 monthly turnover. Apply online with your company registration number and up to 12 months of bank statements; decisions can come within 24 hours and funds can pay out the next day.

Funding AmountR 100 000 - R 3 000 000
CoverageNational
Business StageAll stages

Programme details last verified on 12 June 2026.

Full Description

GENFIN provides short-term business loans of R100,000 to R3 million over 6 or 12 months to registered South African businesses with at least 1 year of trading and roughly R100,000 monthly turnover. Interest accrues only on the outstanding balance with no early-settlement penalties.

Eligibility Criteria

Min. Annual TurnoverR 1 200 000
Min. Years Trading1 years

Frequently Asked Questions

How much funding does GENFIN Business Loan offer?

GENFIN Business Loan offers between R 100 000 and R 3 000 000 per applicant.

Who qualifies for GENFIN Business Loan?

GENFIN Business Loan targets businesses at any stage across South Africa. Applicants need a minimum annual turnover of R 1 200 000, at least 1 year of trading history.

When is the deadline for GENFIN Business Loan?

Applications are accepted on a rolling basis.

How do I apply for GENFIN Business Loan?

Check your eligibility with the free readiness check on Okhantu, prepare the required documents, then apply on the provider's website.

Prepare Your Application

Increase your chances of success with these preparation resources.

Pro tip:Run the Readiness Checker before applying. It identifies gaps in your documentation and helps you prepare a stronger application.