Small Term Loan
Applicants need a commercially viable business, adequate management capacity and commitment, a clean credit record or written proof of arrangements to clear bad debt, and active full-time involvement in the business.
Check dates with the provider
Loan Eastern Cape
Check the current application cycle
Use the official portal for dates and requirements.
About
A term loan of up to R500 000 for small businesses. It can fund small assets and working capital, with repayment terms of up to 48 months and a prime-linked interest rate.
What it covers
up to R500 000
- Small assets
- Working capital
Who can apply
Adequate management capacity and commitment
Commercial viability
Clean credit record or written proof of arrangements to clear bad debt
Active full-time involvement in the business
How to apply
- 1Apply for finance through the ECDC finance portal.
Sources
Official sourceEastern Cape Development Corporation (ECDC)Checked against www.ecdc.co.za on 30 Oct 2026. Govnet is independent — always confirm with the provider.