Business loans
Where we fund
Your SME or growing business operates in a country where GroFin has an office:
South Africa, Nigeria, Ghana, Ivory Coast, Senegal, Uganda, Tanzania, Kenya, Rwanda, Zambia, Egypt, Iraq, Jordan or Oman.
Business Sectors
Your business is in one of our preferred sectors: Education, Healthcare, Agri-Processing, Manufacturing, or Key Services (Energy/ Waste / Water / Recycling)
Economic Impact
Your business is making a positive social and economic impact: e.g. creating jobs, empowering women, benefiting the environment, etc.
Loan Criteria
Loans from US$100k to US$1.5m
You require medium-term loan capital between US$100,000 and US$1.5m (equivalent in local currency) for a loan duration of 3-8 years.
You have an established business
You have an established business: operating for 2-3 years and has an annual turnover of 1.5 times the loan amount. We do consider startups on a case-by-case basis.
Collateral requirements
We expect entrepreneurs to (partly) secure the loan if collateral is available. Personal guarantees of the entrepreneur(s) are required.
How to apply
Complete an online assessment
Click on ‘I’m Interested’ to complete an online assessment. A GroFin representative will contact you should you qualify.