Genfin Business Loan Review 2026
Genfin offers business funding for working capital and cash flow, with interest charged only on your outstanding balance. Verified against Genfin's own site in July 2026.
Key facts
- Loan amount: R100,000 to R3,000,000.
- Term: up to 12 months (Genfin's site references both "6 or 12 months" and "up to 12 months" depending on the page).
- Interest: charged only on your outstanding balance, not the original amount; no early-settlement penalty. Genfin states there are "no hidden fees" but doesn't publish a specific interest rate on its site.
- Eligibility: a registered entity, operating for at least 12 months, with annual turnover above R1 million (or R200,000 with 6 months of bank statements). Genfin does not fund sole proprietors, trusts, or partnerships.
- How to apply: apply online with your company registration number and up to 12 months of bank statements; an analyst reviews your application, and funds are typically released within 24 hours of signing.
What we couldn't verify
We could not find an NCR registration number published on Genfin's site, nor confirm one via the National Credit Regulator's register. Confirm Genfin's NCR registration directly before committing to funding.
Is it worth it?
The interest-on-outstanding-balance structure and no early-settlement penalty are genuinely borrower-friendly if you need short-term working capital and expect to repay early. Since the exact rate isn't published, get a personalised quote and compare it against other business funding options before committing.
Sources
Compare before you commit
Business lending prices vary enormously by lender and by borrower profile — the same business can be quoted very different rates, fees and terms on the same day. Before settling on any single lender, see how the current field stacks up in our best business loans in South Africa guide: amounts, speeds, qualifying criteria and the honest trade-offs, side by side.
