Most startups take long mature simply because they don’t have enough capital to get the business in motion thus financing a startup can be a challenge. But you can get your business off the ground if you approach a financial institution that provides you with the services which are specifically designed to suit your needs.
Nedbank is one such bank you can rely on for funding; the giant financial institution has facilities that accommodate startups. With Nedbank, startups get a free transactional banking for up to 2 years with a startup loan of R100 000.
Startups can apply for a minimum of R100 000 from Nedbank; you can get the following benefits if you do that for the next two years:
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Free unlimited cheques from own chequebook
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Free unlimited debit orders
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Free unlimited cash deposits
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Free unlimited internet banking
This facility can save you bank charges worth R60 000 in your first year of opening your business. The offer also sustains your business in two ways:
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Adequate capitalization
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Controlled overheads