LoanB-BBEE Required

Ithala Business Finance

Ithala Development Finance Corporation (Development Finance)

Ithala Business Finance is a loan from Ithala Development Finance Corporation offering between R 100 000 and R 10 000 000 for startup, growth, established businesses in KwaZulu-Natal. Applications are accepted on a rolling basis.

Overview

Business loans for KwaZulu-Natal businesses. Competitive rates and flexible terms.

Funding AmountR 100 000 - R 10 000 000
CoverageKwaZulu-Natal
Business StageStartup, Growth, Established

Programme details last updated on 2 December 2025.

Full Description

Business loans for KZN-based SMMEs. Includes term loans, bridging finance, and asset finance for various sectors.

Eligibility Criteria

Min. Annual TurnoverR 500 000
Max. Annual TurnoverR 100 000 000
Min. Years Trading1 years
Min. B-BBEE LevelLevel 4
Target SectorsManufacturing, Agriculture, Services, Retail, Construction

Frequently Asked Questions

How much funding does Ithala Business Finance offer?

Ithala Business Finance offers between R 100 000 and R 10 000 000 per applicant.

Who qualifies for Ithala Business Finance?

Ithala Business Finance targets startup, growth, established businesses in KwaZulu-Natal. Applicants need a minimum annual turnover of R 500 000, annual turnover below R 100 000 000, at least 1 year of trading history, B-BBEE level 4 or better.

When is the deadline for Ithala Business Finance?

Applications are accepted on a rolling basis.

How do I apply for Ithala Business Finance?

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.