Posts tagged small business finance nedbank
Nedbank loans: Small businesses are the backbone of every economy. Although during the start they hire very few people compared to large businesses, their numbers are larger thus compensating for their small size.
Every government needs to support small businesses to ensure unemployment numbers are kept in check and new graduates entering the job market have viable jobs to consider and thus avoid brain drain. Similarly, banks also provide options for small businesses to help them to set up and grow.
Nedbank also provides startup loans ranging from a minimum of R100,000 that also offers several perks for the next two years including a free cheque book and cheque transactions, free cash deposits, internet banking and unlimited debit orders . This offer is valid for franchises and new businesses that have been in operation for less than 2 years and these perks alone can save up to R60,000 in bank costs for the new business.