Bidvest Bank Loans for businesses are ideal for businesses that are looking at financing their everyday operations by a working capital loan.
Furthermore, Bidvest Bank loans can also be used as a source of cash injection into the business for medium to long term growth.
At Bidvest they know that the needs of each business are unique and will look each application differently. The needs of the business are taken into consideration and then they will offer you the best loan product that meets the need of your business.
How much is approved will depend on the assessment of the business’ credit record and financial standing.
Bidvest Bank Overview
Bidvest Bank Limited is a licensed financial services and registered credit provider which can be trusted.
Over the years they have assisted many businesses that were struggling to grow because of lack of funding.
As one of the leading banks in South Africa you can have peace of mind to apply for Bidvest Bank loans. They believe in transparency, honesty and integrity and there will be no hidden charges.
Bidvest strives to offer competitive business loans for commercial property, equipment, fleet and more.
Also, Bidvest offers competitive rates for their loans.
In addition, they understand that one business will vary from another. For this reason, they will design a repayment structure that suits your business.
Loan Options Available
Businesses have 3 options to choose from.
The first option is Asset-based financing. This includes full maintenance leasing, rental finance, instalment sale finance, commercial property finance and medical equipment finance.
The second option you can choose is Working Capital loans. This is ideal if you are looking at financing the day to day operations of your business.
The third and last option you can choose is General Banking facilities.
For Vehicle Finance checkout article Bidvest Vehicle Finance.
Associated Fees (Business Account Credit Interest Rates)
R0 – R50 000: 0.00%
R50 001 – R100 000: 0.75%
R100 001 upwards: 1.25%
Requirements To Apply For Bidvest Bank Loans For Businesses
- The business must be a going concern
- You must be banking with Bidvest Bank
- The business must have a good credit record and be in good financial standing
Bidvest Bank Loans Contact Details
For more information on Bidvest Bank Loans for business you can visit any of their branches available nationwide. You can also contact them using the details listed below.
Website: www.bidvestbank.co.za
Telephone: 0860 11 11 77
E-mail: info@bidvestbank.co.za / servicecentre@bidvestbank.co.za (Service Centre)