Grow and expand your business with a FNB Business Loan. This loan is suited to FNB Business Account holders looking to raise capital to inject into a business for growth or expansion purposes, acquire assets or additional business opportunities, or finance other business-related expenditure over the medium term.
What you will get
Flexible terms. From 3 months to 5 years with a minimum loan amount of R2 000
Optional loan security. You may not be required to provide security for loans of up to R400 000
Automatic payments. Pay using debit a order from your business account
Amortise capital. Pay less interest over time
Set interest rate. Budget and plan for the term of the loan
Qualifying criteria
An active FNB Business Account in good standing, operating for 15 months or more, with annual turnover of R500 000+.
What you will need
Existing FNB Business Account holder
For business finance of less than R400 000
You may not be required to submit supporting documents or collateral.
For business finance of more than R400 000
A Business Finance application form
Signed financial information (annual financial statements and year-to-date management accounts)
Projections (cash flow statements, income statements and balance sheets)
Don’t have an existing FNB Business Account
6 months' bank statements
Signed financial information (annual financial statements and year-to-date management accounts)
Projections (cash flow statements, income statements and balance sheets)
A business plan to demonstrate the viability and sustainability of the business
Should your application be successful, you are required to open a Business Account
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