Absa Empowerment Business Finance
Absa Empowerment Business Finance is a loan from Absa Bank offering between R 50 000 and R 15 000 000 for startup, growth, established businesses across South Africa. Applications are accepted on a rolling basis.
Overview
Loans from R50,000 to R15 million for businesses that are at least 51 percent black-owned, with repayment terms from 12 months to 5 years. Start-ups can apply - there is no published minimum trading period or turnover - but you need a viable business plan, day-to-day owner involvement, and your main business transaction account must be with Absa. Apply through an Absa enterprise banker or call 0800 227 592.
Programme details last verified on 11 June 2026.
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 Empowerment Business Finance offer?
Absa Empowerment Business Finance offers between R 50 000 and R 15 000 000 per applicant.
Who qualifies for Absa Empowerment Business Finance?
Absa Empowerment Business Finance targets startup, growth, established businesses across South Africa. Applicants need at least 51% black ownership.
When is the deadline for Absa Empowerment Business Finance?
Applications are accepted on a rolling basis.
How do I apply for Absa Empowerment 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.
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