Overdrafts and short-term loans

At times your business needs cash flow flexibility – while you are waiting for payments to come in, you need to make payments of your own. A Nedbank overdraft facility is the ideal solution, providing working capital finance and unlocking cash flow.

• An overdraft facility helps you to grow your business by:
• Providing the flexibility to borrow or repay as and when your cash flow allows 
• Making funds accessible quickly and easily through a variety of mechanisms
• Calculating debit interest on the daily used amount only

• Easy access through electronic banking, ATMs and debit cards (terms and conditions apply)
• Competitive, risk-based pricing
• Immediate access – as soon as your current account is active, you can apply for an overdraft facility. Once approved and the pre-agreed conditions are met, the facility is available immediately