Starting a business is no easy feat by any measures. It requires a lot of perseverance, resourcefulness, willingness to take risk and the ability to be flexible.
It’s no secret that one of the biggest challenges faced by many business owners is a lack of access to funds. Entrepreneurs looking to start their businesses have to work hard to put up start-up capital and working capital as time goes on.
Nedbank, one of South Africa’s biggest banking institutions strives to provide clients with innovative and forward-thinking banking products and services.
“We offer loans to start up, grow, offer flexibility or manage debt,” says Nedbank.
If you are a business owner looking for finance to help you meet your business goals, it may be worthwhile to consider Nedbank’s Small Business Loans.
Start Up Loan:
With this type of loan you are able to get capital to buy profit-making assets. Finance is provided for a business venture or an expansion of an existing business or vehicles, plant and machinery or property.
Growth Loan:
This is a structured loan with a term of up to 10 years, guaranteed by an acceptable form of security. Nedbank Small Business Loans offer competitive interest rates as well loans that can be structured around your needs.
The Growth loan is only available to juristic and non-juristic small business clients and is tax deductible. The loan also includes the option of Nedbank Credit Life Cover.
Overdrafts:
These types of loans provide working capital finance and unlock cash flow. An overdraft makes funds accessible quickly and easily through a variety of mechanisms.
Small Business Credit Card:
This loan is available to established businesses which have been in operation for more than two years.
To find out more about how your business can benefit from Nedbank’s Small Business Loans, call: 0860 555 333.
Alternatively, send an email to business@nedbank.co.za
