Nedbank GAP Brochure

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Transcript of Nedbank GAP Brochure

Page 1: Nedbank GAP Brochure

Are you a business owner looking to expand your business? Do you need access to working capital to grow your business to the next level?

WHAT IS NEDBANK GAP ACCESSTM?Introducing Nedbank GAP ACCESS™ - an innovative product that gives you access to the working capital you need without the hassle of lengthy repayments. The advance of funds and the repayment terms are linked directly to your card turnover.

FLEXIBLE REPAYMENT TERMS• Repayments occur daily and are paid back as a low

percentage of your card point-of-sale transactions, customised to your business.

• Flexible repayment periods are 6,9 or 12 months.

FINANCE FOR GROWTH• You can apply for an additional GAP ACCESSTM advance

once you have reached 60% of your existing advance.

WORKING CAPITAL• You will have quick and easy access to working capital for your

business’s growth needs. For example: - Equipment or machinery - Refurbishments - Materials• Quick turnaround of access to funds and minimal paperwork

required for assessment.• Transparent, fixed pricing structure not linked to the REPO rate.

QUALIFYING CRITERIA• Business turnover of R1 million per annum.• Business operational for at least two years.• One year card transactional history with Nedbank.• Proforma invoice demonstrating intended use of funds up to

70% of the advance value.• Personal surety.

HOW TO APPLY

Call 0860 114 966 or email [email protected], or speak to your banker or relationship manager.

WHAT DOES NEDBANK GAP ACCESSTM OFFER?

Nedbank Ltd Reg No 1951/000009/06. Authorised financial services and registered credit provider (NCRCP16).

TAKING YOUR WORKING CAPITAL TO THE NEXT LEVEL

HAPPEN

MAKE

NEDBANK GAP ACCESSTM

HOW DOES NEDBANK GAP ACCESSTM WORK?Nedbank GAP ACCESS™ works directly in line with your point-of-sale cash flow. Your daily repayment is easy, hassle-free and light on your pocket as it is settled against your daily card turnover. It’s that simple.

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