Absa Bank
OpenAbsa SME Contract Finance
Funding amount
R50 000 to R3 million
Short-term working capital finance against confirmed contracts or purchase orders. For any South African SME owner 18 or older - no upper age cap.
Who qualifies
18 years or older, South African citizen, confirmed contract or purchase order from a creditworthy buyer. No upper age limit.
Documents needed
- SA ID document
- Signed contract or purchase order
- 3 months bank statements
- Company registration documents
Always verify eligibility and deadlines on the official source before applying.