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FNB Commercial Start-Ups CIDB. How to be considered for Financing. Have a good credit record (ITC - clear) Build up a good track record with your Bank Make regular payments into your account Make the Bank aware of any problems which may occur Have sustainable business plan
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How to be considered for Financing Have a good credit record (ITC - clear) Build up a good track record with your Bank Make regular payments into your account Make the Bank aware of any problems which may occur Have sustainable business plan Keep proper records Produce the requisite financial records Be able to make some contributions towards the funding requirements needed (if the application can be backed by Khula or Enablis)
Requirements for successfully applying for Credit Business Plan Cash Flow statement and the assumptions made Legal/lease/Contract agreements Detailed CV Personal Statement of assets and Liabilities Copies of your ID/’s and CK docs or Memorandum and Articles of Association Details of shareholders/members current bank account, i.e. the banks, branches and account numbers and at least 6 months bank statements
What does FNB offer? A Business cheque account or a Business Transact account A Reserved account number Cell-Phone Banking for Business A team of business relationship managers throughout South Africa to help you grow your business A range of innovative financing options that are tailor made to your business needs Access to Khula Guarantees,Enablis and the Umsobomvu Youth Fund
What can FNB offer? A free business plan and a cash-flow template through www.biznetwork.co.za Membership to Biznetwork will provide you with business mentorship and networking opportunities to support you in growing your business* FNB Instant Accounting (Qwill) - An accounting package that is managed directly from your FNB account Receive rewards with e-Bucks for Business and earn eBucks when using selected FNB business products and services inContact-Pro messaging * Terms & conditions apply
Contact details Ashley Mathura Head: Start-Ups ashley.mathura@fnbcommercial.co.za (011) 632 0400/082 419 2398 Arnold Storkey Senior Start-Up Specialist arnold.storkey@firstrandbank.co.za (011) 649 0401/082 308 9240