LoanB-BBEE Required

SEFA Direct Lending

Small Enterprise Development and Finance Agency (Government Agency)

SEFA Direct Lending is a loan from Small Enterprise Development and Finance Agency 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

Get a business loan from R50,000 to R5 million for working capital or buying equipment. Repay over up to 5 years.

Funding AmountR 50 000 - R 15 000 000
CoverageNational
Business StageStartup, Growth, Established

Programme details last verified on 11 June 2026.

Full Description

Direct loans to qualifying SMMEs and cooperatives for working capital, asset acquisition, and business expansion. Funding ranges from R50,000 to R5 million with flexible repayment terms.

Eligibility Criteria

Max. Annual TurnoverR 50 000 000
Min. Years Trading1 years
Min. B-BBEE LevelLevel 4
Min. Black Ownership51%
Target SectorsManufacturing, Agriculture, Services, Construction, Retail, Transport

Frequently Asked Questions

How much funding does SEFA Direct Lending offer?

SEFA Direct Lending offers between R 50 000 and R 15 000 000 per applicant.

Who qualifies for SEFA Direct Lending?

SEFA Direct Lending targets startup, growth, established businesses across South Africa. Applicants need annual turnover below R 50 000 000, at least 1 year of trading history, B-BBEE level 4 or better, at least 51% black ownership.

When is the deadline for SEFA Direct Lending?

Applications are accepted on a rolling basis.

How do I apply for SEFA Direct Lending?

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.