SEFA Bridging Loan

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A short-term loan that is provided to an enterprise to finance working capital needs (i.e. stock and/or operating overheads.)
The facility is only provided to businesses that have secured firm contracts (orders) from their clients. It is only applicable in business to business transactions.
This type of financing allows an enterprise to meet current obligations by providing immediate cash flow.
The loans are short-term (up to 1 year) and may be backed by some form of collateral such as sureties, cessions, etc.*

Qualifying Entrepreneurs/Businesses:

  • The business must be owner managed
  • The owner must be involved in the day to day running of the business on a full time basis
  • Business must be situated in SA
  • Major shareholder must be a SA citizen
  • Business must be conducted with a profit motive and be economically viable
  • The forecasted cash flow must show the ability to repay the facility
  • Display sufficient entrepreneurship, skills and experience directly related to the nature of the business
  • Level of own contribution
  • Compliance with all relevant laws and regulations
  • Demonstrate job creation
  • Loan range R50k to R5m
  • All races with specific emphasis on women, rural and peri-urban
  • Each application is considered on its merits and on potential profitability of the business
  • Applicant must be able repay the loan


  1. Application form
  2. Surety form
  3. Certified copy of ID and that of Spouse(if Married)
  4. Marriage certificate
  5. Short CV of the members/directors/shareholders/trustees, etc.
  6. Proof of residence – utility bill/sworn affidavit (not older than 3 months)
  7. Valid Tax Clearance Certificate
  8. Company registration documents e.g. CK2, Company Profile
  9. 6 months latest bank statement (personal and business)
  10. Copy of contract or order (if applicable)
  11. Loan breakdown
  12. Supporting quotations (with contact person and banking details of supplier)
  13. Proof of CIPC/CIPRO annual fees
  14. Personal Income and Expenditure Schedule and Assets & Liability Statement
  15. Proof of own contribution and source (if applicable)
  16. Member’s resolution to apply (if applicable)
  17. If a judgment, notice, default is issued against the applicant, a letter or document to prove that arrangements are made to settle the account or proof that the account is settled must be provided

SEFA does not fund:

  • Manufacturing and selling of ammunition
  • Property development
  • Tobacco, Liquor, Gambling and sex trade
  • Illegal trade
  • Leverage buy-out funds
  • Non-profit organisations
  • Political organisations
  • Persons under debt review
  • Un-rehabilitated insolvent shareholders and/or directors of applying entities
  • Primary agriculture
  • Speculative real estate**

How to apply 

Manual applications at your nearest regional office
**Bridging Loan Application Form
Offices – All 9 provinces
Application process – Physical Submission

Contact Details

Telephone: 086000 7332
Related Documents:
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