Frequently Asked Questions

Have a question? Before you call, check if the answer can be found in our most common questions that most business owners ask.

  • Bridging loans and revolving credit facilities are quicker to process and do not require a business plan but a valid contract.
  • Term facilities take longer than bridging loans and require a comprehensive business plan to be submitted.
  • To speed up the turnaround times, you must submit all the required documentation as per the application checklist.

Yes, however each business finance application is treated on its own merit. You must demonstrate willingness to redeem your debt by making arrangements with your creditors, that is the institutions and/or individuals you owe.

No, being under debt review is an automatic exclusion since individuals are legally contracted from entering credit agreements.

sefa considers all applications – whether with collateral or NOT.

Yes, but the enterprise must be registered and be operated in South Africa.

sefa prices for risk BUT give discounts for developmental impact.

Yes, if married in community of property (ICOP).

If the property in question will be used solely for business operations, then yes sefa can offer assistance.

In most cases, we refer businesses without formally written business plans to the Small Enterprise Development Agency (seda). seda is our sister agency that provides non-financial support to SMMEs and Co-operatives. Visit for more information.

It works in your favour to have your own contribution. This helps lower your debt with sefa. Either way, sefa treats each case uniquely. Risk-taking by the entrepreneur, however, is not negotiable. Risk can be shared through cash contributions, personal sureties or career sacrifice.