We can help you with a variety of short-term and medium-term finance products to ensure your business has the funding it needs. We offer a Business Overdraft which is ideal for working capital needs, a Business Revolving Loan that lets you decide how often you want to withdraw from the loan, or our Business Term Loan that lets you borrow funds and pay them back at a specific rate, over the medium term. We also offer business purchasing cards to help you manage cash flow. 

Finance solutions for your business

Flourish with a Business Term Loan at a fixed rate

business-term-loan
help
Helps you budget effectively

You can schedule use and repayment of the loan for better budgeting.

You can pay less interest

You can deposit surplus funds into your account and so pay less interest.

extra funds
Option to withdraw extra funds

You can withdraw surplus funds on credit approval and by completing a loan debit authority form.

It’s easy to get a Business Term Loan with us

Features
  • Manage your business’ debt and avoid spending from your operating capital - convert your overdraft’s hard-core amount into a term loan structure and start paying off the hard-core amount (a hard-core overdraft is when your business has an overdraft facility that is always in overdraft. If this becomes a long-term situation, we might advise you to convert the hard-core portion of your facility to a loan)
  • Ideal for when you need a specific asset and financing can’t be done through Absa Vehicle and Commercial Asset Finance
  • Helps you to consolidate your business debt
  • You can use it to restructure your company’s balance sheet
  • Use it to finance a management buyout or share buy-back
  • The term of your loan is matched to the type of asset you are funding, with a minimum term of 3 months and a maximum of 120 months
Qualifying criteria
  • The minimum security requirement is personal suretyship of the principal/s
  • You may also need additional security for your loan (a secured loan is a loan in which you, the borrower, pledge an asset such as a house or investment, which can be sold by the bank if you can’t repay the loan)
Connect with us

If you’re an existing customer:

Contact your Banker

If you’re a new customer or you don’t bank with us:

Call us on 0860 040 302

contact

Need more help?

Let one of our consultants assist you.

Call us on:

0860 040 302

Take care of your short-term cash flow needs

At times when you’re waiting to be paid, business needs to continue. The Business Overdraft Facility is linked to your Business Account and enables you to make payments when your cash flow is low, avoiding unnecessary penalties.

short term
Takes care of your short-term needs

An overdraft takes care of your short-term cash flow needs by extending a credit limit on your current account.

balance
You only pay interest on overdrawn balance

You only pay interest for funds that you use on your account.

limit
Option to increase or decrease you limit

Your Business Overdraft is flexible, you can apply to increase or decrease your Overdraft limit to suit your needs.

It’s easy to get a Business Overdraft with us

Features
  • The overdraft facility is granted for a fixed period of time and you must repay the total amount outstanding at the end of that period
  • Your overdraft limit is reviewed every year
  • The interest rate that you are charged is negotiable
  • Interest is calculated and payable on the daily balance, which means you are only charged on the facility you actually used
Qualifying criteria
  • The minimum security requirement is the personal suretyship of the principal
Connect with us

If you’re an existing customer:

Contact your Banker

If you’re a new customer or you don’t bank with us:

Call us on 0860 040 302

contact

Need more help?

Let one of our consultants assist you.

Call us on:

0860 040 302

Access funds at any time to maintain your cash flow

cash flow
Helps you manage cash flow

An Absa Business Revolving Loan can be used to manage cash flow, seasonality or your projects.

working capital
You can use it for working capital

You could use your Business Revolving Loan for working capital, bridging finance or to pay for stock in trade.

reapply
You don’t have to reapply

You can withdraw to the original loan amount without having to reapply.

It’s easy to get an Business Revolving Loan with us

Features
  • The Business Revolving Loan is a short to medium-term borrowing option
  • You can borrow money from a set amount that we decide on together; after which you will need to pay back a certain amount before you can draw money again
  • The minimum loan amount is R25 000 and there is no upper limit
  • A minimum monthly repayment of 1/40th of the money borrowed is required
  • You can make lump sum deposits and withdrawals on your account
Qualifying criteria
  • The minimum security requirement is the personal suretyship of the principal
Connect with us

If you’re an existing customer:

Contact your Banker

If you’re a new customer or you don’t bank with us:

Call us on 0860 040 302

contact

Need more help?

Let one of our consultants assist you.

Call us on:

0860 040 302

Choose a business purchasing card that best suits your needs

Find a business card that suits your needs

We offer corporate and business cards to help you manage your business costs and expenses.

Choose the card that best suits your needs below:

  • Business cards for everyday business expenses

    cards
    Corporate and Purchasing Cards

    Our Corporate and Purchasing Cards are accepted worldwide and offer convenience, security and control.

    Tell me more

    business card
    Business Card

    Keep track of your everyday business expenses - whether you’re making large payments, small purchases, or paying travel costs.

    Tell me more

  • Business cards for travelling

    travel lodge
    Travel Lodge Card

    Our Travel Lodge Card helps you manage your travel-related spend effectively.

    Tell me more

    aviation
    Aviation Card

    With worldwide acceptance, the Visa branded Aviation Business Card takes care of all your aviation travel expenses.

    Tell me more

    garage card
    Garage Card

    Our Garage Card is a convenient payment solution for all your fuel, oil and vehicle parts or paying for tollgates and vehicle services expenses.

    Tell me more

contact

Need more help?

Have we provided all the information you need?
If not, we are here to help.

Contact your banker or email us at:

commercialcard@absa.co.za