Partner with us to help boost South Africa’s agricultural sector. Our range of agricultural services and solutions are tailor-made for you, no matter the size of your business.

What are you looking to do?

Banking solutions for your agribusiness

What do you need help with?

  • I need an account for my agribusiness

    We offer a range of tailored transactional account options which enable you to make and receive payments through multiple channels that make your banking as hassle-free as possible.

    Classic Business

    Our Absa Classic business Account is designed for start ups and small business with less sophisticated banking needs.

    I want to Apply

    Tell me more

    Growing Business

    Our growing Business Account will assist you to take your business to the next level of your banking journey.

    I want to Apply

    Tell me more

    Premier Business

    Our Premier Business Account is ideal for established business with sophisticated banking requirements

    I want to Apply

    Telll me more

    Business Essentials Package

    Whether you are a start-up or an established business, our Absa Business Essentials Package will help you streamline your banking costs

    I want to Apply

    Tell me more

    Islamic Business Account

    If you need a Shari’ah compliant business account then our Islamic Business Account is the right choice for you.

    I want to Apply

    Tell me more

  • I need to finance my working capital requirements

    Let’s help take care of your short-term working capital needs.

    Business Overdraft

    We can assist you with finance short-term cash shortfalls with our business Overdraft.

    Tell me more

    Corporate & business cards

    Manage your business costs and expenses with our range of Corporate and Business Cards.

    Tell me more

  • I need to send money

    Absa Online for Business

    Absa Online for Business gives you a comprehensive range of real-time transactional, non-transactional and financial management tools. You can:

    • Make payments and inter-account transfers - even via cellphone or telephone
    • Set SMS notifications and payment reminders
    • Send money to unbanked recipients via CashSend Plus
    • Make UIF and SARS payments online

    Register now

    Log on

    CashSend plus

    A safe and efficient way to electronically transfer funds to a recipient.

    Tell me more

  • I need help with foreign currency transactions

    Are you doing trade in goods and services across international borders? We have a team of experts who will help you with all your foreign exchange needs, from assisting you access competitively priced over-the-counter products to enhancing your trading experience with our foreign exchange electronic payment solutions.

    The Spot Market

    Do you require immediate foreign currency to buy or sell foreign currency? Then our Foreign Exchange Spot is the right option for you.

    Tell me more

    The Foward Market

    Our Forward Exchange Contracts are best suited for businesses that enter into foreign exchange transactions where payment is due at a future date.

    Tell me more

    Alternative Hedging

    We help you manage foreign exchange risk when doing business internationally with our Alternative Hedging tool.

    Tell me more

    BARX Africa

    Tailor-made for businesses trading in foreign currency, BARX Africa is an online system provides you with a reliable and robust foreign exchange dealing environment.

    Tell me more

Finance solutions for your agribusiness

We offer flexible finance solutions for your agribusiness

  • AgriBusiness mortgage loan

    AgriBusiness mortgage loan

    If you want to buy or improve fixed agricultural property, we offer an agricultural mortgage loan against the security of a mortgage bond on the property, in favour of the bank.

    Features

    • Negotiable repayment terms of up to 10-15 years
    • The choice of either flexible repayment intervals or structured monthly, quarterly or annual instalments, with an option to negotiate postponed or reduced instalments

    Benefits

    • Instalments synchronised with cash flow
    • Structured credit facilities
  • Flexi Reserve facility on an AgriBusiness mortgage loan

    Flexi Reserve facility on an AgriBusiness mortgage loan

    With this facility you can deposit extra money into your mortgage loan account and withdraw it when needed.

    Benefits

    • Tax-free savings at the prevailing bond rate
    • Access to repaid capital 24 hours a day
    • The ability to finance assets at the prevailing bond rate
  • Commercial asset finance

    Commercial asset finance

    We offer flexible finance solutions that allow you the freedom to structure repayments to suit your needs.

    Features

    • Repayment options include instalment sale, rental and lease
    • Choose between monthly, quarterly, half-yearly and annual repayment terms
    • Rentals and lease agreements enable you to deduct instalments from tax for wear-and-tear allowances

    Benefits

    • Negotiable and competitive finance rates
    • Advice on structured and tax-efficient cash flow
  • Instalment sale agreement

    Instalment sale agreement

    Features

    • We sell the moveable asset to you over a negotiated time frame
    • The asset is registered in your name, but the bank is the title holder until it is paid up
    • Ownership passes to you once the agreement has been fully repaid
    • The asset is fully repaid over the period of the agreement, or alternatively, you can have a residual value payable at the end of the contract
    • Term: minimum 6 months to a maximum of 120 months, subject to credit approval

    Benefits

    • Convenient repayment options to align with business cash flow
    • Competitive interest rates
  • Lease (financial lease)

    Lease (financial lease)

    Features

    • We buy the moveable asset and you lease it from us
    • This agreement does not provide for maintenance or insurance
    • Financial leases are fully repaid at the end of the repayment term
    • At the end of the repayment term you can choose to take ownership of the asset, return it to the bank or, if your contract included a balloon payment, you can enter into a new lease agreement

    Benefits

    • Uninterrupted use of the asset rather than ownership
    • Convenient, regular rental payments in advance - normally equal to the serviceable lifetime of the asset
    • Competitive interest rates
  • Operating lease

    Operating lease

    Features

    • Also known as a rental agreement, an operating lease gives you uninterrupted use of the asset rather than ownership
    • The bank owns the asset and you do not have the option to take ownership at the end of the term
    • There is normally a residual value payable at the end of the contract, subject to conditions of the individual contract
    • You make regular rental payments in advance, normally equal to the serviceable lifetime of the asset

    Benefits

    • Off-balance sheet funding
    • Competitive interest rates
    • Flexible repayment terms
  • Credit line

    Credit line

    Credit lines are offered to qualifying clients with a strong capital base. If you often replace your assets this may be a good option for you.

    Features

    While a credit line is not regarded as a specific product, there are guidelines when considering this type of facility:

    • Your financial position and proven cash flow are the main considerations, rather than the underlying asset
    • Your capital budget and replacement programme must show that you need a credit line

    Benefits

    • Approved up-front funding in line with CapEx requirements – you’ll know most of the conditions upfront
    • Flexibility of funding
  • Sale and leaseback agreement

    Sale and leaseback agreement

    Similar to purchase and repurchase agreements, you sell the asset to the bank, and then buy it back from the bank by way of an operating lease or instalment sale agreement.

    Features

    • You have a maximum of three months, after commissioning, to finance your asset
    • The intention must be to finance the asset from the start
    • This product cannot be used as a money raising tool
  • Marine finance

    Marine finance

    We offer juristic and non-juristic entities asset-based credit facilities to buy commercial boats registered within South Africa. Only vessels registered in the National Vessel Register can be bonded with Absa’s Marine Bond.

  • Aircraft finance

    Aircraft finance

    Our highly skilled aviation staff are ready to help you finance your aircraft.

    Features

    • We offer asset-based credit facilities to juristic and non-juristic entities
    • Only a special aviation term loan agreement, supported by an aviation bond, will be considered
    • Repayment terms from a minimum of six months to a maximum of 60 months

Let’s assist you do business in Africa

Contact our specialists about your needs

Country
Botswana Zambia Mozambique Kenya Ghana
Contact Keletso Setimela Patrick Mutenda Marcelino Botao Simon Kinuthia Andrew Ahiaku
Telephone
Number
+267 363 3924
+260 211 366150
+258 21 351 700
+254 20 420 9356
+233 302 686681
Email Keletso.Setimela@barclayscorp.com Patrick.Mutenda@barclayscorp.com Marcelino.Botao@Barclays.co.mz Simon.Kinuthia@barclayscorp.com Andrew.Ahiaku@barclayscorp.com

Absa investments solutions for peace of mind

What do you want to invest in?

  • Term Investments

    Our fixed term deposit accounts offer you limited access to funds for the duration of the investment and are ideal if you wont need access to your funds for a known period of time.

    Tell me more

  • Money Market

    Let’s help you achieve your short- to medium-term investment goals with our Absa Money Market Fund. The fund offers an attractive alternative to savings and deposits accounts, providing a capital-secure investment solution with minimal volatility. In addition, you get competitive interest returns and immediate access to your money.

    Tell me more

Need more help?

Call us on:

0860 040 302

E-mail us at:

agribusiness@absa.co.za