ABSA Bank

ABSA is one of South Africa's 'Big Four' retail banks. It offers a range of financing options for small businesses, including solutions for cashflow issues and asset purchase

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Person : N/A
Physical Address : Head Office: Group Secretariat Absa Towers East 3rd Floor 170 Main Street Johannesburg
Postal Address : N/A
Email : [email protected]
Phone : 0860 008 600
Fax :
Website : www.absa.co.za
Contact Information : N/A
Application Procedure : Contact your local branch. Some services are only available to account holders. Some financial products may be applied for online.
Program 1 : Commercial Property Finance
Program 2 : Term Loans
Program 3 : Leasing, Sale and Leaseback, Renting
Program 4 : Factoring and Invoice Discounting
Program 5 : Credit Cards and Lines of Credit (revolving credit)
Program 6 : Access Loan
Program 7 : Overdraft
Financing Amount Detail : N/A
Geography Limits : N/A
Sector Limits : N/A
Financing Purpose : N/A
Other Eligibility Criteria : N/A
Security Requirements : 100% collateral required for most medium and long term debt
Equity Stake Requirements : N/A

Desired Finance Amount
< R10 000 Yes
R10 000 - R100 000 Yes
R100 000 - R1 million Yes
R1 million - R10 million Yes
> R10 million Yes
BBBEE Status
I qualify as an ED recipient Yes
I qualify as an SED recipient Yes
I do not qualify under BBBEE Yes
Turnover
< R 1million Yes
R1 - 10 million Yes
> R 10 million Yes
Incorporation
For-profit Yes
Non-profit Yes
Hybrid Yes
Level of debt able to service
None No
Principle Only No
Below Market No
Market Yes
Above Market No
What type of finance are you looking for
Grants No
Debt Yes
Equity No
Patient Capital No
Organization category (not in front door)
Retail Banks Yes
Private Equity No
Venture Capital No
Enterprise Development Finance No
DFI No
International DFI No
Microfinance No
Corporate Foundations No
Venture Philanthropy No
Other grant-issuers No
SRI Funds No
Impact Investors No
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