Business Term Loans

Get easy access to cash with term borrowing. It’s the kick-start you need to keep your business up and running. Working capital is one element that reveals more about the life of your business than any other – regardless of its size. Without a positive and steady flow of working capital, growing financial pressures will often place an undesirable burden on the day-to-day running of your business.

Nedbank Business Banking has a range of short- and medium-term financing solutions typically designed to finance your stock, debtors, creditors and overhead cycles.

Our solutions can help alleviate capital pressures, revitalise cash flow and keep the wheels of your business turning.

Features and benefits

Our loan services include:

• A business current account
• Revolving credit
• Guarantees
• Term loans
• Foreign Exchange

What you need to apply

• Application Letter.
• Business Plan with Cashflow projections (for new
  businesses).
• Valid Passport or identity document.
• Financial Statements.
• Registration Documents.
  
• Security in the form of one of the following:
  • Life Cover Policy with a surrender value.
  • Investment.
  • Property with a lease.
  • Surety.
  • Contracts (if financing against confirmed
    orders/ contracts) – this may have to be ceded to the bank.
  • Aged Debtors List (where applicable).