Absa Enterprise Development Loans
Absa Enterprise Development Loans is a loan from Absa Bank offering between R 100 000 and R 10 000 000 for startup, growth, established businesses across South Africa. Applications are accepted on a rolling basis.
Overview
Special loans for black-owned businesses with better rates and easier approval. Part of Absa ESD programme.
Programme details last updated on 12 December 2025.
Full Description
Preferential lending for black-owned SMEs as part of Absa's B-BBEE commitments. Lower rates and flexible terms.
Eligibility Criteria
Frequently Asked Questions
How much funding does Absa Enterprise Development Loans offer?
Absa Enterprise Development Loans offers between R 100 000 and R 10 000 000 per applicant.
Who qualifies for Absa Enterprise Development Loans?
Absa Enterprise Development Loans targets startup, growth, established businesses across South Africa. Applicants need a minimum annual turnover of R 500 000, at least 1 year of trading history, B-BBEE level 4 or better.
When is the deadline for Absa Enterprise Development Loans?
Applications are accepted on a rolling basis.
How do I apply for Absa Enterprise Development Loans?
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.
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