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FUNDING Updated 2 days ago

Absa Enterprise Development Fund

Key Information
Organisation
Absa Bank
Status
Open
Type
Loan
Amount
ZAR 250,000 – 10,000,000
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Description

A specialized South African loan fund providing alternative credit to SMEs that lack traditional collateral but hold corporate contracts.

Eligibility Criteria

South African SMEs with valid corporate or government supply contracts/purchase orders. Focus on B-BBEE empowerment and job creation.

Focus Sectors

Contract Financing, Supply Chain, Manufacturing, Services