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We understand that your business vision requires funding, that's why we immerse ourselves in your business to understand it and your industry to ensure that our specialist business managers can help you find the most appropriate financing solution.
Our range of short-term working capital solutions include standard overdrafts, and solutions to advance up to 80% value on your outstanding local or overseas debtors.
Debtor mangement
Overdraft
Get immediate access to an overdraft facility without the hassle of extensive paperwork, directly on the Nedbank Business Hub. An overdraft provides cash flow flexibility and working capital finance.
Benefits
- Payments and the interest rate are tailored to the amount used and to your credit profile.
- You have the flexibility to borrow or repay as and when your cash flow allows.
- Debit interest is calculated on the daily amount used only.
Stock financing
Business Banking offers stock finance as a trade finance solution and our Customised Trade Solutions (CTS) team will assist with the structuring and ongoing deal management of the facility. Our solution will finance up to 80% of the cost of goods, depending on the risk associated, determined by factors such as:
- price volatility of the stock being financed;
- nature of the stock (eg easily saleable, durable);
- strength of the offtake agreements/orders; and
- strength of the offtaker as well as the strength of the payment instrument (ie open account, letter of credit or other bank risk instruments).
Whether you need finance for a corporate car fleet, commercial trucks, yellow goods or aviation, we can design finance packages that meet the unique needs of your business and its cashflow.
Vehicle and asset finance
If you need to finance vehicles or capital equipment, we have a variety of options available to you.
Benefits
- We offer tailored financing for agricultural equipment, IT hardware, medical equipment and more.
- We have a vehicle rental solution for your fleet:
- Operating rental (Oprent), which offers usage rather than ownership, but excludes maintenance costs. Maintenance will remain your responsibility.
- This option gives you tax relief as the VAT on the rental amount is claimable, as opposed to outright purchasing of the fleet, where the VAT is capitalised on the purchase price.
Asset-based finance importing
If you are importing capital equipment financed by Nedbank, we will organise, direct, control and manage the import process on your behalf, including exchange control requirements, forward exchange contracts, and more.
Benefits
- Customised service and tailored packages.
- Helps you manage risk and deal with time-consuming processes and paperwork associated with importing.
Medium Term Loan
Our long-term finance solutions are designed to help you finance long-term business commitments such as buying commercial property to ensure business growth.
Property Finance
Renewable Energy Funding
Nedbank is committed to sustainable renewable-energy solutions and financing options. We have built on our green credentials to develop a renewable-energy financing solution that will help you reduce energy expenses.
Benefits:
- Innovative renewable-energy solutions that use energy savings to help you with affordability.
- An extended term to match the payback period of the equipment.
- Pricing at competitive rates.
Our end-to-end solution offers you fleet cards, cardless fuelling mechanisms and managed maintenance, as well as vehicle purchases and disposal. There is also our comprehensive range of NedFleet services that offer you the flexibility and affordability you need to run your vehicle fleet cost-effectively.
Benefits
Our range of short-term working capital solutions include standard overdrafts, and solutions to advance up to 80% value on your outstanding local or overseas debtors.
Debtor mangement
Overdraft
Get immediate access to an overdraft facility without the hassle of extensive paperwork, directly on the Nedbank Business Hub. An overdraft provides cash flow flexibility and working capital finance.
Benefits
- Payments and the interest rate are tailored to the amount used and to your credit profile.
- You have the flexibility to borrow or repay as and when your cash flow allows.
- Debit interest is calculated on the daily amount used only.
Stock financing
Business Banking offers stock finance as a trade finance solution and our Customised Trade Solutions (CTS) team will assist with the structuring and ongoing deal management of the facility. Our solution will finance up to 80% of the cost of goods, depending on the risk associated, determined by factors such as:
- price volatility of the stock being financed;
- nature of the stock (eg easily saleable, durable);
- strength of the offtake agreements/orders; and
- strength of the offtaker as well as the strength of the payment instrument (ie open account, letter of credit or other bank risk instruments).
Whether you need finance for a corporate car fleet, commercial trucks, yellow goods or aviation, we can design finance packages that meet the unique needs of your business and its cashflow.
Vehicle and asset finance
If you need to finance vehicles or capital equipment, we have a variety of options available to you.
Benefits
- We offer tailored financing for agricultural equipment, IT hardware, medical equipment and more.
- We have a vehicle rental solution for your fleet:
- Operating rental (Oprent), which offers usage rather than ownership, but excludes maintenance costs. Maintenance will remain your responsibility.
- This option gives you tax relief as the VAT on the rental amount is claimable, as opposed to outright purchasing of the fleet, where the VAT is capitalised on the purchase price.
Asset-based finance importing
If you are importing capital equipment financed by Nedbank, we will organise, direct, control and manage the import process on your behalf, including exchange control requirements, forward exchange contracts, and more.
Benefits
- Customised service and tailored packages.
- Helps you manage risk and deal with time-consuming processes and paperwork associated with importing.
Medium Term Loan
Our long-term finance solutions are designed to help you finance long-term business commitments such as buying commercial property to ensure business growth.
Property Finance
Renewable Energy Funding
Nedbank is committed to sustainable renewable-energy solutions and financing options. We have built on our green credentials to develop a renewable-energy financing solution that will help you reduce energy expenses.
Benefits:
- Innovative renewable-energy solutions that use energy savings to help you with affordability.
- An extended term to match the payback period of the equipment.
- Pricing at competitive rates.
