Rating based on 103 reviews

Nedbank Business Loan

Updated
Nedbank homepage
Author Nedbank. Screenshot of Nedbank website.
[Accessed December 12, 2022]

About Nedbank

Nedbank is your leading business loan provider in South Africa.

They are a leader in the provision of banking services, including business loans to large companies and public organizations. Nedbank is your best corporate banking option. Their team consists of experts in the field, with an in-depth understanding of your business needs.

Nedbank provides flexible customized business services in the areas of financing, investment, and transactions. You can achieve business success with the help of Nedbank.

When it comes to Debtor Management and Corporate Saver Deposits, Nedbank is your number one bank. They offer strong risk management and are centered on your needs. Leaving you confident in banking with Nedbank Corporate.

Nedbank sponsorship marketing

Sponsorship objectives offered by Nedbank Corporate include alignment with branding strategies, better networking, involvement in the community, and wide-ranging appeal. As one of the leaders in South African sponsorship marketing, Nedbank has earned many awards starting with the Grand Raptor award for the Nedbank Golf Challenge in 2001.

Secure traditional Nedbank business loans

Nedbank is based on collateral provided by the business owner. This can be privately owned property of the company. The size of the business loan depends on the value of the collateral. Since the loans are secured, the interest rates are quite competitive and fairly affordable.

Nedbank additional business loans

This is an optional account that Nedbank has brought out. It allows you to save up to 40% on your banking fees. You can also consider a Business Growth Loan that offers owners of small businesses a structured business loan and a loan term of up to 10 years. If you have acceptable security, this loan will work wonders for you.

Nedbank Services

They offer reliable business loans to suit the needs and requirements of virtually every business in South Africa.

With the correct debt consolidation strategy, you can secure flattering terms and conditions.

Start-up business loans

As part of the complete Nedbank service package, this business loan is available to new traditional and franchise businesses that have been operating for less than 2 years.

The minimum loan amount is R100,000. There is no upper limit, so you have access to as much finance as you require. You can expect to enjoy considerable savings on the management of your business finances. There are loads of services available with this business loan offer.

Small business credit cards

Expand the start-up of your business and cash flow by enjoying the rewards that Nedbank has to offer on a small business credit card account. The positive of this option is that you need not provide financials.

Nedbank business loan

This scheme is among the most popular as they require a small or no asset to be placed as collateral. When you are a new business or a struggling business, this is a great option to settle for. These business loans are backed by the government's Khula Enterprise Finance.

Here, you can borrow between R100 000 and R3 million provided that you qualify for participating in the scheme and meet the bank’s requirements as well. This Nedbank business loan is the least risky and most easily accessible.

You can opt for a business overdraft

The Nedbank overdraft option allows you to manage and maintain a healthy cash flow. It offers you a solution to funding that allows payment to your creditors while you are waiting for your payments from debtors.

Nedbank – Business loan

  • Loan Type Business loans

Benefits of Nedbank

  • Easy access to funds
  • Improved cashflow
  • Flexible loans

 Business loan calculator

R
Loan interest rates depend on your credit score and risk profile.
This business loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Nedbank has your financial business needs covered

You can ask Nedbank to call you back and they will call you shortly after you have requested a call back from them.

Requirements when applying for a business loan

  • South African ID document
  • Proof of business account income
  • Personal details; like your name and address
  • Tax number

Steps to complete your online application

On the top left of the Nedbank website, click on the Business link. Click on the Apply button – it is next to the online banking button.

You will now be on the first page of the application process. They will ask you for your ID and personal details. If you already have a Nedbank online account, then you will need to log in.

Fill in your application form, submit your application form and wait for a response.

Nedbank Corporate is a successful business loan provider and has been going for decades. You can always rely on Nedbank for an efficient business alternative.

Benefits of banking with Nedbank

  • They have flexible business loan options
  • Easy access to your business loan funds
  • Friendly and reliable customer service agents
  • They form and keep lasting relationships with you
  • Nedbank’s prime interest rate is 7% on their business loans
  • You can take a business loan of up to 10 years
man holding thumbs up

Nedbank is a trusted & reliable provider of business loans

In our review, Nedbank adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Nedbank is a registered credit provider in South Africa: NCRCP16

Customer Reviews & Testimonials

May 2021

I have been banking with Nedbank since I can remember and I am never disappointed.

Riley M
— Port Elizabeth —

June 2021

If it wasn’t for Nedbank Corporate, my husband would not have had the opportunity to have a flourishing farm and meat business as we speak.

Bobi M
— Ermelo —

April 2021

Nedbank Business loans have always been a great help when I have begun new business ventures with my partner. Thank you.

Jocelyn N
— Burgersfort —

Nedbank Contact

Physical Address

Nedbank Universal Branch Code

  • 198765

Opening Hours

  • Monday 09:00 – 16:00
  • Tuesday 09:00 – 16:00
  • Wednesday 09:00 – 16:00
  • Thursday 09:00 – 16:00
  • Friday 08:30 – 16:00
  • Saturday 08:30 – 12:00
  • Sunday – Closed